Syntax Refers to the

question 192

Multiple Choice

Syntax refers to the

• A) correct arrangement of words into grammatically sensible sentences.
• B) derivation of meaning from sounds.
• C) smallest speech unit that carries meaning.
• D) most logical and methodical procedure for solving a problem.

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Definitions:

Financial Leases

Covers the entire expected life of the equipment; does not provide for maintenance service, is not cancellable, and is fully amortized.

NPV

Net Present Value; a calculation used to determine the value of a project or investment by discounting future cash flows to the present.

NAL

NAL, or Net Advantage to Leasing, is a calculation used to determine the financial benefits, if any, of leasing an asset compared to purchasing it outright.

Lease-Versus-Purchase Analysis

A financial comparison to determine whether leasing or purchasing assets is more cost-effective for a business.