In the Number 472

question 39

Multiple Choice

In the number 472.156 the 2 is the _________.

• A)most significant digit
• B)radix point
• C)least significant digit
• D)none of the above

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Definitions:

NAL

Net Advantage to Leasing, which is a calculation to determine the financial benefits of leasing equipment versus purchasing it.

Synthetic Lease

A financing arrangement that classifies as an operating lease for accounting purposes but as a financing purchase for tax purposes, often used in real estate and equipment leases.

Tax-Oriented Lease

A leasing agreement structured to maximize tax benefits for the lessor, often by passing on tax advantages to the lessee in the form of lower lease payments.

Long-Term Commitment

A pledge or engagement to something for an extended period, often seen in investments or strategic plans.