Which of the Following Statements Is FALSE

question 39

Multiple Choice

Which of the following statements is FALSE?

• A)We can compare leasing to buying the asset using equivalent leverage by discounting the incremental cash flows of leasing versus buying using the after-tax borrowing rate.
• B)A non-tax lease is attractive if it offers a better interest rate than would be available with a loan.
• C)Evaluating a true tax lease is much more straightforward than evaluating a non-tax lease.
• D)To determine whether a non-tax lease offers a better rate,we discount the lease payments at the firm's pre-tax borrowing rate and compare it to the purchase price of the asset.

---

Definitions:

Chronic Pain

Persistent pain that lasts for more than three months, often despite medication or treatment.

Behavior Modification Programs

Structured interventions designed to alter an individual's behaviors and attitudes, often using principles of operant conditioning.

Pain Behaviors

Observable manifestations of pain, such as grimacing, moaning, or limping, used to communicate or signal the presence of pain to others.

Cognitive Behavioral Therapy

A type of psychotherapy that helps patients understand the thoughts and feelings that influence behaviors.