Which of the following is not one of the criteria that have been suggested for lease capitalization?
a. Lessee builds up a material equity in the leased property.
b. Lessee pays costs normally incident to ownership.
c. Lease is between related parties.
d. Lease agreement is cancelable.
ANSWER: D
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Which one of the following is a more serious concern in terms of an adverse variance from budget?
a. a negative variance of $10,000 in budget expenditures b. a $10,000 shortfall in value earned on the project to date c. a positive variance of $10,000 in budget expenditures d. a $10,000 surplus in value earned on the project to date
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A. tangibles gap B. voice-of-customer quotient C. zone of tolerance D. quality gap E. empowerment standard
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A) $248.69 B) $273.55 C) $331.00 D) $364.10