Uncharacteristic Periods of Low Temperatures Occasionally Occur in Low Latitude

question 7

Multiple Choice

Uncharacteristic periods of low temperatures occasionally occur in low latitude regions.These are the result of:

• A)easterly wave
• B)westerly wave
• C)weak equatorial low
• D)polar outbreak
• E)mid latitude wave cyclones

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Definitions:

Capital Lease

A lease treated like a purchase by the lessee in accounting, meaning the leased asset is included on the balance sheet, and the corresponding lease obligation is treated as a liability.

Operating Lease

A lease agreement that allows for the use of an asset but does not convey rights of ownership to the lessee.

GAAP

GAAP (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting.

Capital Lease

A lease agreement in which the lessee gains ownership or a substantial portion of the rights to the asset by the end of the lease term, treated as a purchase in accounting.