An Advantage of an Operating Lease Is That Is Does

question 77

True/False

An advantage of an operating lease is that is does not add a liability or an asset to the lessee's balance sheet, thereby not affecting certain liquidity and financial leverage ratio's.

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Definitions:

Experienced Responsibility

The feeling or belief by employees that they are responsible and accountable for their job tasks and outcomes.

Outcomes of Work

The results generated from performing tasks or jobs, which can include products, services, and changes in organizational or individual status.

Attributional Explanation

The process of interpreting events and determining the causes of an individual's behavior.

Negative Attributions

The tendency to explain the behavior of others based on internal, stable, and negative characteristics.