Examlex
Miguel reveals personal information and is not afraid to express his emotions. His communicator style profile includes which of the following styles?
GAAP
A set of widely adhered to accounting norms and standards utilized for financial reporting, known as Generally Accepted Accounting Principles.
Capital Lease
A lease agreement that grants a lessee the rights similar to ownership of the asset, typically for a considerable period of the asset's life.
Operating Lease
A leasing agreement allowing the use of an asset without ownership, typically with shorter terms than a finance lease.
FASB/IASB Exposure Draft
A draft report proposed by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) for public comment on proposed changes to accounting standards.
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