Which of the following statements characterizes an operating lease?
a. The lessee records depreciation and interest.
b. The lessee records the lease obligation related to the leased asset.
c. The lessor records depreciation and lease revenue.
d. The lessor transfers title of the leased property to the lessee for the duration of the lease term.
C
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The _______ provides inexpensive, convenient, self-service exchange relationships with minimal value-added service, often through Internet Web sites or other direct marketing media
a. efficient, low-cost transactional experience b. high-touch, consultative experience c. flexible, multi-access-point experience d. one-stop shopping experience
Which of the following items should NOT be included in a well-drafted independent contractor agreement?
a. a requirement that the worker hire his own assistants b. a requirement that the firm provide health insurance for the worker c. a flat fee payment arrangement for the work d. a requirement that workers pay their own expenses
Manuela, a writer of advertising copy, has been an overachiever throughout her career. She enjoys the intellectual stimulation she has at work. She feels her work allows her to use her creativity and artistic skills to their full potential. Which of the following work value categories is important to Manuela?
A. altruism B. coworkers C. supervision D. status E. work itself
The fact that U.S. labor law has remained largely unchanged since the Landrum-Griffin Act of 1959 is evidence that there is little need or desire for reform.
Answer the following statement true (T) or false (F)