Which Statement Is True

question 53

Multiple Choice

Which statement is true?

• A)Dividing two integers results in an integer answer.
• B)With integer division,any fractional part of the calculation is lost.
• C)With integer division of float values,the numerator and denominator are rounded before the calculation.
• D)All of the above.

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Definitions:

Capital Lease

An agreement that grants the lessee the right to use an asset for a long period, typically seen as a purchase by the lessee for accounting purposes.

Original Amount

The initial sum of money involved in a financial transaction, before any deductions, depreciation, or appreciation.

Guaranteed Residual Value

An assurance that an asset will have a specified value at the end of its lease term.

Capital Lease

A lease agreement that is classified as a purchase of assets for accounting purposes, where the lessee assumes some of the risks and benefits of ownership.