Which Is an Inherited, Eventually Fatal Disease of the Exocrine

question 583

Multiple Choice

Which is an inherited, eventually fatal disease of the exocrine cells that is carried by a recessive gene?

• A)atelectasis
• B)bronchiectasis
• C)emphysema
• D)cystic fibrosis

---

Definitions:

Guaranteed Salvage Value

The minimum value for which an asset can be sold at the end of its useful life, as guaranteed by a contract or agreement.

Depreciation Expense

The allocated portion of the cost of a fixed asset over its useful life, recognized as an expense on the income statement.

Sales-Type Lease

A financing arrangement in leasing, where the lessor recognizes immediate sales revenue and profit on the leased asset.

Direct Financing Lease

A leasing arrangement where the lessor purchases an asset and leases it out, recognizing interest income over the lease term.