Which of the Following Leases Is Essentially the Purchase of an Asset

question 101

Multiple Choice

Which of the following leases is essentially the purchase of an asset with debt financing?

• A) an operating lease.
• B) a capital lease.
• C) both an operating and a capital lease.
• D) neither an operating lease nor a capital lease.

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Definitions:

Healthy Development

The optimal physical, emotional, and intellectual growth of an individual, achieved through proper nutrition, exercise, education, and social interactions.

Prescribe Measures

The act of officially recommending or stipulating specific actions or procedures to address a problem or improve a situation.

Developmental Psychology

A field of psychology focused on understanding how human beings change over the course of their life, particularly during childhood and adolescence.

Individual Differences

Variations among individuals in their mental, physical, and emotional traits.