Any initial direct costs incurred by the lessor for a sales-type lease should be
A) expensed in the same period that the lease receivable is recognized.
B) recorded as a prepaid asset and allocated to expense over the lease term.
C) deferred and recognized as a reduction in the interest rate implicit in the lease.
D) directly charged (debited) to Retained Earnings.
A
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What six major decisions must the researcher make when constructing non-comparative itemized rating scales?
What will be an ideal response?
The operating ratio of Cross America Airlines has increased. Which of the following could not explain this rise?
a. Operating revenues have increased more slowly than expenses. b. Salary costs have risen substantially. c. Operating revenues have increased with stable operating expenses. d. Dues costs have risen substantially. e. None of the answers are correct.
Communicators in ______ cultures tend to value silence as a way of controlling the communication interaction.
A. high-power distance B. individualist C. low uncertainty avoidance D. collectivist
Retailers in a city discovered that some products they bought for retail sale were being sold by distributors directly to the public, thereby reducing sales that could have gone to the retailers. The retailers got together and agreed not to buy any goods from distributors who sold directly to the public. This agreement is:
a. a legal boycott because it helps competition b. a legal boycott protected by right to free speech c. a legal boycott unless it has major economic consequences d. a violation of the Robinson-Patman Act e. none of the other choices