Which cost is not recorded as part of the cost of a building?
a. Real estate commission paid to buy the building
b. Construction materials and labor
c. Concrete for the building's foundation
d. Annual building maintenanc
Ans: d. Annual building maintenanc
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The final step in the career management process is
A. goal setting. B. reality check. C. action planning and follow-up. D. feedback. E. self-assessment.
Which of the following facts would preclude a lessor from classifying a lease as a sales-type or direct financing lease?
A) The undiscounted sum of the minimum lease payments is 90% of the fair value of the leased property to the lessor. B) The collectability of the minimum lease payments is reasonably assured. C) The lease term is 90% of the estimated economic life of the leased property. D) No important uncertainties exist about non-reimbursable costs yet to be incurred by the lessor.
A rich environment is best for guests who are ______ with the environment and need to make ______ decisions.
a. familiar; many b. familiar; few c. unfamiliar; many d. unfamiliar; few
Net profit margin is net profit before noncontrolling share of earnings and nonrecurring items to total assets
Indicate whether the statement is true or false