Examlex
In Access,you use the ____________________ operator to concatenate fields.
Capital Lease
A lease agreement that is classified as a purchase by the lessee for accounting purposes because it meets certain criteria, such as transfer of ownership by the end of the lease term.
Operating Lease
A lease agreement for property or equipment that is considered a rental and is not recorded as an asset on the company's balance sheet.
GAAP
Generally Accepted Accounting Principles, a collection of commonly followed accounting rules and standards for financial reporting in the United States.
Lease Classification
The process of categorizing leases as either operating leases or finance (capital) leases based on criteria that affect the lessee's financial statements.
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