Which One of the Following Is a Valid Statement About

question 62

Multiple Choice

Which one of the following is a valid statement about leasing in Canada?

• A)less than 5% of machinery and equipment in Canada is leased.
• B)lessors prefer to keep equipment at the end of a lease in order to lease it again.
• C)lessees typically purchase the asset at the end of the lease.
• D)operating leases are particularly useful in the long term.

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Definitions:

Relearn

To relearn is to learn information or skills that one had learned previously but has forgotten or needs to recall.

Implicit Memory

Memory that is not consciously recalled but influences behaviors or thought processes.

Prospective Memory

The aspect of memory that involves remembering to perform a planned action or recall a planned intention at some future point in time.

Levels Of Processing

A theory in cognitive psychology that suggests information can be remembered more or less well, depending on the depth at which it is processed.