Computer-Generated Random Numbers Are Not Technically Random

question 1

True/False

Computer-generated random numbers are not technically random.

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Definitions:

Capital Lease

A lease agreement that designates the lessee (the party leasing the asset) as the owner for accounting purposes, and it generally spans a significant portion of the asset's life.

Accounting Purposes

The rationale or objective behind various accounting practices, often to comply with regulatory requirements or to provide clear financial information.