If, as Part of the Accounting for a Lease, the Company

question 203

Multiple Choice

If, as part of the accounting for a lease, the company debits an asset and credits a liability, then the lease must be a(n) :

• A) purchased lease.
• B) operating lease.
• C) cancelable lease.
• D) capital lease.

---

Definitions:

Disabilities

Physical or mental conditions that limit a person's movements, senses, or activities.

Content Area Skills

Abilities and competencies specific to a particular field of study or domain of knowledge.

Structured Set

A carefully planned and organized collection of elements or instructions designed to achieve a specific educational or therapeutic outcome.

Learning Outcomes

Statements that specify what learners will know or be able to do as a result of a learning activity, often used to assess the effectiveness of educational programs.