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Enterprise software includes ________ tools for using data captured by the system to evaluate overall organizational performance.
Maintenance Agreement
A contract between a service provider and a client that outlines the terms for the maintenance of equipment, buildings, or software.
Implicit Lease Rate
The interest rate implied in a lease agreement, factoring both the lease payments and the value of the leased asset.
Residual Value Guarantees
Assurances provided by a lessee to a lessor that the asset being leased will have a specified minimum value at the end of the lease term.
Lessees
Individuals or entities that obtain the right to use property, plant, and equipment through lease agreements.
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