Which of the following is (are) NOT correct regarding disclosure requirements lessees? I. For capital leases, future minimum lease payments in the aggregate and for each of the succeeding five years must be disclosed. II. For operating leases with initial or remaining lease terms in excess of one year, future minimum rental payments in the aggregate and for each of the five succeeding fiscal
years must be disclosed. III. For capital leases, future minimum lease payments for each of the succeeding five years must be disclosed. IV. For operating leases with initial or remaining lease terms in excess of one year, future minimum lease payments for each of the five succeeding fiscal years must be disclosed.
a. I only
b. II only
c. Both I and II
d. Both III and IV
D
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Which of the following search engine algorithm updates targets websites that violate Google's guidelines?
A. Panda B. Penguin C. Hummingbird D. Fred
Figure 4-1In Figure 4-1 above, A represents which stage of the consumer purchase decision process?
A. alternative evaluation B. option identification C. purchase decision D. problem recognition E. information search
Scheuer Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts-equipment expense and indirect labor-to three activity cost pools-Processing, Supervising, and Other-based on resource consumption. Data to perform these allocations appear below:Overhead costs: Equipment expense$55,000Indirect labor$7,000??Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools ProcessingSupervisingOtherEquipment expense0.100.700.20Indirect labor0.500.100.40Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins.Activity: MHs (Machining)Orders (Order Filling)Product Q!1,000700Product
S619,0001,300Total20,0002,000Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins.Sales and Direct Cost Data: Product Q1Product S6Sales (total)$134,600$186,300Direct materials (total)$76,000$64,800Direct labor (total)$40,800$78,400The activity rate for the Processing activity cost pool under activity-based costing is closest to: A. $0.28 per MH B. $5.00 per MH C. $0.45 per MH D. $3.10 per MH
The Toxic Substances Control Act regulates
A. chemicals other than pesticides, foods, drugs, and cosmetics. B. insecticides. C. natural gas. D. pesticides.