Which of the Following Is Not a Reason for Leasing

question 74

Multiple Choice

Which of the following is not a reason for leasing?

• A)leasing provides the lessor with insurance against obsolescence.
• B)leasing can reduce taxable income.
• C)leasing can be a source of off-balance-sheet financing, provided certain conditions are met.
• D)a company can obtain financing easier by the leasing company retaining title to the asset.

Explain the impact of representativeness and availability heuristics on probabilistic reasoning.

Interpret the rationale behind normative and descriptive models of decision making.

Evaluate the relevance of social context and evolutionary perspectives in reasoning and decision-making processes.

Understand the various types of land claims and treaties involving First Nations and the government.

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Definitions:

Internal Service Fund

A fund used within governmental accounting to manage the costs and financing of services provided by one department to other departments on a cost-reimbursement basis.

General Fund

The primary operating fund of a governmental entity, covering most basic services like police, fire, sanitation, and general administration.

Capital Projects Fund

Capital Projects Fund is a type of government accounting fund used to track the financial resources used for the acquisition and construction of major capital assets.

Agency Fund

A fund used by a government to account for resources held in a trustee capacity for individuals, private organizations, or other government units.