Operating Leases Occur When the Lessee Essentially Buys an Asset

question 123

True/False

Operating leases occur when the lessee essentially buys an asset and borrows the money through a lease to pay for the asset.Capital leases occur when the lessee essentially buys an asset and borrows the money through a lease to pay for the asset.

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Definitions:

Motherboard

The main printed circuit board in a computer that connects and allows communication between various components.

System Unit

The metal or plastic case that holds all the physical parts of the computer together, including the computer’s processor (its brains), its memory, and the many circuit boards that help the computer function.

Pixel

A single point that creates the images on a computer monitor. Pixels are illuminated by an electron beam that passes rapidly back and forth across the back of the screen so that the pixels appear to glow continuously.

Hertz

A unit of frequency equal to one cycle per second, used to measure the frequency of oscillations and vibrations.