Which of the following is not a supplemental disclosure by the lessee required by SFAS No. 13 for noncancellable operating leases in excess of one year?
a. Future minimum rental payments in aggregate and for each of the succeeding five periods
b. The present value of minimum lease payments
c. Total minimum rentals to be received under non-cancellable subleases
d. Rental expenses with separate totals for minimum rentals, contingent rentals, and sublease rentals
ANSWER: B
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a. are easily measured b. are of relatively little importance in making information system decisions c. are sometimes estimated using customer satisfaction surveys d. when measured, do not lend themselves to manipulation
Decision makers within a company would be more likely to use an MIS than an MDSS to forecast the results of maintaining the company's prices while competitors reduce their prices
Indicate whether the statement is true or false
According to the pie-chart figure in the text, what industry type accounted for the highest percentage of franchises?
a. Business services b. Lodging c. Personal services d. Real estate
Allocating joint costs to products using a value basis method is based on their relative:
A. Direct costs. B. Gross margins. C. Total costs. D. Variable costs. E. Sales values.