________ Leases Are Noncancelable and Are Generally Used for Leasing

question 93

Multiple Choice

________ leases are noncancelable and are generally used for leasing land, buildings, and large pieces of fixed equipment.

• A) Financial
• B) Operating
• C) Serial
• D) Direct

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Definitions:

Meta-

A prefix indicating change, transformation, or a higher level of abstraction in various scientific and philosophical fields.

Scanty

Insufficient in amount, quantity, or extent; meager or limited.

Double

Consisting of two equal, identical, or similar parts or things; increased or twice as much in size, quantity, or extent.

Meso-

A prefix in biology and chemistry, meaning middle or intermediate.