Which of the following facts would preclude a lessor from classifying a lease as a sales-type or direct financing lease?
A) The undiscounted sum of the minimum lease payments is 90% of the fair value of the leased property to the lessor.
B) The collectability of the minimum lease payments is reasonably assured.
C) The lease term is 90% of the estimated economic life of the leased property.
D) No important uncertainties exist about non-reimbursable costs yet to be incurred by the lessor.
A
You might also like to view...
Orientation is best defined as the process of
A. correcting defects in the goods or services of a firm or improving them in some way. B. developing objectives that specify how each department will support organizational goals. C. giving new employees the information they need to do their work comfortably, effectively, and efficiently. D. planning what to do if the original plans or objectives set by an organization do not work out.
In the five forces model the ________ that companies compete against one another for customers, the ___ the level of profits is likely to be for that industry
The ____ view can be used to review the source code of a procedure, function, or package.
A. USER_SOURCE B. USER_OBJECT C. USER_REVIEW D. USER_DEPENDENCY
The maximal-flow technique would best be used
A) to assign workers to jobs in the cheapest manner. B) to determine the number of units to ship from each source to each destination. C) to determine LAN network wiring within a building. D) to maximize traffic flow on a busy highway. E) by a trucking company making frequent but repeatable drops.