Which of the following facts would require a lessor to classify a lease as an operating lease?
A) Important uncertainties exist about unreimbursable costs yet to be incurred by the lessor.
B) No bargain purchase option is provided for by the lease agreement.
C) The lease term is 65% of the estimated economic life of the leased property.
D) The sum of the minimum lease payments is 90% of the fair value of the leased property to the lessor.
A
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Which of the following is the main focus of a sales driven organization?
A) Creating and delivering customer value. B) Maximizing the profit generated. C) Increasing market share and volumes. D) Converting the marketing efforts to profits.
What does it mean when an abbreviated word is circled, as part of a correction symbol?
A) The word should be spelled out. B) The word needs punctuation. C) The word is used incorrectly. D) The word should be replaced with a better word.
Mission statements should ________ and be defined in terms of ________
A) be technology oriented; meeting the self-actualization needs of customers B) be product oriented; satisfying the esteem needs of customers C) embody the company's short-term plans; current opportunities D) be market oriented; satisfying basic customer needs E) address sales and profits; the net return on investments
Which of the following is NOT a category to use when evaluating the credibility of a web source??
A) ?Design B) ?Authority C) ?Accuracy and Reliability D) ?Coverage