When a Firm Leases a Resource for Most of Its

question 75

Multiple Choice

When a firm leases a resource for most of its useful life and controls the resource as though it had been purchased, the lease is treated as:

• A) an operating lease.
• B) a finance lease.
• C) a primary lease.
• D) a producing lease.

---

Definitions:

Lacteal

Lymphatic vessel in an intestinal villus; aids in the absorption of fats.

Fats

Fats are a group of organic compounds that are insoluble in water, serve as a major energy source for the body, and are crucial for cell structure and function.

Serosa

A smooth membrane consisting of a layer of cells that secretes serous fluid, covering the outermost layer of various organs within the body cavities.

Submucosa

A layer of dense irregular connective tissue or loose connective tissue beneath the mucosa that supports it, found in various hollow organs.