Which Statement Is Correct

question 75

Multiple Choice

Which statement is correct?

• A)In a finance lease,the lessee uses the asset for only a short fraction of the asset's useful life.
• B)The lessee expenses the cost of the lease in the period the benefits are received in a finance lease.
• C)A finance lease transfers the risks and rewards from the lessee to the lessor.
• D)In a finance lease,the lessee records an asset for the property being used.

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Definitions:

Inventory Modelling

The mathematical method or system used to manage and optimize stock levels, costs, and supply chain operations.

Service Personnel

Employees or staff members who are directly involved in providing services to customers or clients.

Customer Waiting Time

The amount of time a customer waits before receiving a service or good.

Queuing Theory

A mathematical study of waiting lines or queues, focused on understanding and optimizing processes in which entities wait for service.