Identify Whether the Following Characteristics/facts Are Relevant to a Finance

question 53

Essay

Identify whether the following characteristics/facts are relevant to a finance (capital)lease.
$$\begin{array} { | l | c | } \hline \text { Lease is for land. } & \text { Yes / No } \\\hline \text { The lease contains a bargain purchase option after } 3 \text { years. } & \\\hline \text { Lease is for manufacturing equipment. } & \\\hline \text { Minimum lease payments comprise } 80 \% \text { of the fair value of the leased asset. } & \\\hline \text { Lease does not transfer title to the lessee at the end of the lease. } & \\\hline \text { Lease payments exclude executory costs. } & \\\hline\end{array}$$

---

Definitions:

Job Satisfaction

The level of contentment employees feel about their work, which can influence their performance and overall company morale.

Job Performance

The level of effectiveness with which an individual executes their job-related tasks, responsibilities, and duties.

Job Analysis

The process of gathering, examining, and interpreting data about a job's tasks and responsibilities to determine what is required of an individual in that role.

Scientific-Management

A management theory focusing on improving economic efficiency, especially labor productivity, by scientifically studying work methods and setting performance standards.