Examlex
A business analysis team is reviewing a report to try to determine the costs for a cloud application. The report does not allow separating costs by application. Which of the following should the team use to BEST report on the costs of the specific cloud application?
Leasehold
An interest in a property that allows the holder (lessee) to use and occupy the land or premises for a specified period, under certain conditions, but does not provide ownership.
Life Estates
A legal right to use and benefit from a property for the duration of an individual's lifetime.
Exclusive Possession
The right of an individual or entity to the use and control of property without interference from others, often associated with lease agreements.
Real Property
Land and anything permanently affixed to it, such as buildings, along with the rights of use and enjoyment that come with the land.
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