System Analysis and Design
Which of the following statements, is (are) not true for the lease option

Lease charges are lower than rental charges for the same period and are also tax deductable.
All of the listed here
Lease may be written to show higher payments is early years to reflect the decline in value of the system
Insurance, maintenance and other expenses are included in the rental charge

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System Analysis and Design
The approach used in top-down analysis and and design is

to identify a top level function and then create a hierarchy of lower level modules and components
to prepare flowcharts after programming has been completed
to identify the top level functions by combining many smaller components into a single entity.
All of these
None of these

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System Analysis and Design
The advantage of Purchase Option is (are)

the flexibility of modifying the system at will
Insurances, maintenance, and other expenses are included in the rental charge
All of these
No financing is requird. The risk of system obsolescence is shifted to the lessor
None of these

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