Which One of the Following Is the Least Worthy Reason

question 37

Multiple Choice

Which one of the following is the least worthy reason for leasing rather than purchasing an asset?

• A) reduction in uncertainty
• B) less encumbered assets than secured borrowing
• C) lower taxes
• D) less restrictive covenants than secured borrowing
• E) to improve the appearance of the financial statements

---

Definitions:

Cross-sectional Study

A research method that analyzes data from a population, or a representative subset, at a specific point in time.

Cognitive Changes

Alterations in cognitive functions such as memory, problem-solving, attention, and language abilities that may occur due to aging, brain injury, or neurological conditions.

Simultaneously

Occurring, done, or existing at the same time.

Cohort Differences

Variations in characteristics or experiences of individuals who are born in different time periods.