Which of the Following Regarding Operating Lease and Financing Lease

question 16

Multiple Choice

Which of the following regarding operating lease and financing lease is true?

• A)Under operating leases,the lease is usually longer term,approximating the life of the asset being leased
• B)Under financing leases,the lease is short-term.
• C)Under operating leases,the risk of ownership lie with the lessor
• D)Under financing leases,the risks of ownership lie more with the lessor

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Definitions:

Informal Assessment

A less structured evaluation method that can include observations, unstructured interviews, and reviews of work, used to understand an individual's performance or needs.

Cross-Culturally

A perspective or methodology that considers or assesses something in the context of different cultures.

Practicality

Relates to the aspect of being suitable to actual use or easily applicable in real situations.

Interrater Reliability

Refers to the degree of agreement or consistency among different raters or evaluators assessing the same phenomenon.