Examlex
Unit testing includes two kinds of tests: white box testing and black box testing.
Interest Expense
The charges an entity must pay for the use of borrowed capital over a period.
Lease Liability
An obligation representing the present value of future lease payments that a lessee is committed to making under a lease agreement.
Capital Leases
Lease agreements that involve the lessee effectively owning the asset and accruing its benefits and drawbacks, subject to certain criteria.
Operating Lease
A contractual arrangement giving the lessee temporary use of the property, with continued ownership of the property by the lessor.
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