Close-end questions provide the greatest opportunity to obtain ideas and thoughts on the part of those surveyed but the resulting data are more difficult to analyze

Indicate whether the statement is true or false


FALSE

Business

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At the beginning of the year, a firm leased equipment on a capital lease, capitalizing $60,000 in its lease receivable account. The contract calls for December 31 payments of $15,000 . The lessor's annual reporting period ends December 31 and the contract reflects 10% interest. The lessee made the first payment as required. The direct method statement of cash flows for the lessor should reflect

which of the following in the first year of the lease contract (ignore noncash disclosures)? a. $6,000 operating cash flow; $9,000 investing cash flow b. $15,000 operating cash flow c. $6,000 operating cash flow; $9,000 addition reconciling adjustment d. $9,000 investing cash flow e. None of these answers is correct.

Business

James hires Franco for a painting job. Their contract explicitly states that Franco's employment can be terminated if he is employed by another party during the contract period

Two weeks into the job, James finds out that Franco is also working for a painting agency two blocks away and terminates his employment. This is an instance of ________. A) condition precedent B) condition subsequent C) concurrent condition D) implied condition

Business

The indirect strategy works well with three kinds of messages: (a) bad news, (b) ideas that require persuasion, and (c) sensitive news

Indicate whether the statement is true or false

Business

According to the characterization of innovations by Professor Clayton Christensen, the rise of the smartphone was ________ innovation rather than ________ innovation.

A. a sustaining; a disruptive B. a radical; an incremental C. a disruptive; a sustaining D. an incremental; a sustaining

Business