Question: 4. Is the following statement True or False? CH 23 The cost of an operating lease is considered a capital expense A. True B. False

4. Is the following statement True or False? CH 23 "The cost of an operating lease is considered a capital expense" A. True B. False 5. Which of the following is NOT an element of a traditional business plan? CH 24 (3 Poi A. Financial plan B. Marketing plan C. Organization plan D. Distribution plan 6. What type of Bonds are long term obligations that are typically used to finance capital projects? CH 21 A. Debentures B. Municipal C. Mortgage D. Common Stock

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