A Lease That Is Viewed as an Acquisition for Accounting

question 8

Multiple Choice

A lease that is viewed as an acquisition for accounting purposes is called a(n) :

• A)operating lease.
• B)finance lease.
• C)true tax lease.
• D)security interest.
• E)direct lease.

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Definitions:

Urinary System

A group of organs in the body tasked with the elimination of waste products from the body through the production, storage, and expulsion of urine.

Esophagogastroduodenoscopy

A diagnostic procedure where a thin scope with a camera is inserted through the mouth to view the esophagus, stomach, and upper part of the small intestine.

Medical Abbreviation

Shortened forms of words or phrases used in the medical field to save time and space in documentation.

Aortic Aneurysm

An abnormal enlargement or bulging of the aorta, the major blood vessel that supplies blood to the body, which can lead to serious health complications if it ruptures.