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In a three-tier architecture for a Web application,the Web form and Web page constitute the persistence tier.
Inventory Turnover
Inventory turnover is a ratio showing how many times a company has sold and replaced inventory over a period.
Operating Lease
An operating lease is a contract that allows for the use of an asset but does not transfer ownership rights of the asset to the lessee.
Capital Lease
A lease agreement that is classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and rewards of ownership.
Expense Charged
An amount incurred by a business as a result of its operational activities.
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