?If all of the following are provided for by a lease contract, which one is not included in minimum lease payments for the lessee?
A. ?payments resulting from failure to renew the lease
B. ?unguaranteed residual value
C. ?bargain purchase price
D. ?guaranteed residual value
Answer: B
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Costs that are capitalized as inventory when they are incurred are called:
A. Period costs. B. Administrative costs. C. General costs. D. Fixed costs. E. Product costs.
A double indemnity clause provides for a payment of twice the policy amount in the event that
the death of the insured is due to an accident. Indicate whether the statement is true or false
The antifraud provisions of the 1934 Act would prohibit which of the following?
a. Lying about the value of the firm's assets to sell stock. b. Disclosing that the firm has discovered oil on its property in order to sell stock. c. Telling about the bad health of the CEO in a transaction to purchase stock. d. Not disclosing the salaries of secretaries of a large firm whose stock is being sold.
When Anheuser-Busch ran an advertising campaign featuring the slogan, "Know when to say when," it was using
A. competitive advertising. B. public relations. C. product advertising. D. public service awareness. E. advocacy advertising.