The IOS Operating System Is Found on Which Device

question 62

Multiple Choice

The iOS operating system is found on which device?

• A) Android tablet
• B) iPhone
• C) Mac laptop
• D) None of the above

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Definitions:

Net Advantage to Leasing

The total financial benefits of leasing an asset, compared to purchasing it, taking into account all costs and savings.

Lease Payments

Regular payments made by a lessee to a lessor for the use of a leased asset.

CCA Rate

The percentage rate used in Canada to calculate capital cost allowance, which is a deductible expense for tax purposes on the depreciation of assets.

Break-Even Lease Payment

The lease payment amount at which the cost of leasing equals the financial benefits, resulting in no net loss or gain.