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Distinguish between the different subtypes of ADHD.
Operating Leases
Leases where the lessor retains substantial risks and rewards of ownership of the asset while leasing it to the lessee.
Note Disclosure
Informative notes accompanying financial statements, explaining the basis of preparation and detailing specific accounting policies.
Capital Lease
A long-term lease agreement that is classified as a purchase by the lessee for accounting purposes because it effectively transfers substantially all the risks and rewards of ownership.
Present Value
The current worth of a future sum of money or stream of cash flows, given a specified rate of return.
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