Which of the Following Statements Is NOT True

question 29

Multiple Choice

Which of the following statements is NOT true?
I.The lessee does not have to buy the equipment.
II.The lessee is responsible for making the lease payments.
III.Lease payments are not tax-deductible.
IV.The lessee may give up the depreciation tax shield.

• A)I only
• B)II only
• C)III only
• D)I,II,and IV only

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Definitions:

Supplier Selection

The process of evaluating and choosing suppliers based on criteria such as price, quality, reliability, and service to best meet an organization’s needs.

Environmental Impact

The effect of human activities or industrial processes on the natural environment, including pollution and resource depletion.

Recyclable Components

Parts of a product that can be processed and used again in the manufacturing of new products, reducing the need for raw materials.

Purchases

Transactions involving the buying of goods and services, either for consumption, use in production, or resale.