Which of the Following Is Considered an Unfair Comparison

question 71

Multiple Choice

Which of the following is considered an unfair comparison?

• A)FMV lease versus $1.00-out lease
• B)$1.00-out lease versus true tax lease
• C)lease versus buy
• D)lease versus borrow
• E)buy versus borrow

---

Definitions:

Debits

Accounting entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts.

Credits

In accounting, credits are entries that decrease assets or increase liabilities and equity on a company's balance sheet.

Bank Balance

The amount of money held in a bank account at a given moment.

Cash Account

An account that records all transactions involving cash, including receipts and payments.