Match Each Item with a Statement Below

question 22

Short Answer

Match each item with a statement below.
a.Property procedure
f.behavior
b.attribute
g.ReadOnly keyword
c.Set block
h.New keyword
d.Private keyword
i.WriteOnly keyword
e.Get block
-Used in a Property procedure header to indicate that you are creating a property whose value can be retrieved by an application but cannot be set by the application

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Definitions:

Incremental Borrowing Rate

This is the interest rate a company would have to pay if it borrows funds to finance a lease transaction, used in lease accounting to measure lease liabilities under accounting standards.

Implicit Rate

An interest rate implicit in the terms of a lease or other contract, representing the lessor's cost of capital or the lessee's incremental borrowing rate, not explicitly stated.

Leveraged Lease

A leasing arrangement in which the lessor uses borrowed funds to acquire the asset that is then leased out, allowing the lessor to benefit from tax advantages and leverage.

Operating Lease

A contract that allows for the use of an asset but does not transfer ownership of the asset to the lessee.