Exhibit 13-11
Below You Are Given a Partial Computer Output

question 14

Multiple Choice

Exhibit 13-11
Below you are given a partial computer output based on a sample of 25 observations.
$\begin{array}{lcc}&\text { Coefficient }&\text { Standard Error }\\\text { Constant } & 145 & 29 \\\mathrm{X}_{1} & 20 & 5 \\\mathrm{X}_{2} & -18 & 6 \\\mathrm{X}_{3} & 4 & 4\end{array}$
-Refer to Exhibit 13-11. The critical t value obtained from the table to test an individual parameter at the 5% level is

• A) 2.06
• B) 2.069
• C) 2.074
• D) 2.080

---

Definitions:

Depreciation Expense

Depreciation Expense represents the allocation of the cost of tangible assets over their useful lives recognizing a decrease in value due to wear and tear, deterioration, or obsolescence.

Direct Financing Lease

A type of lease where the lessor effectively transfers all the risks and rewards incidental to ownership to the lessee without transferring legal ownership.

Sales-Type Lease

A lease agreement where the lessor recognizes immediate profit similar to a sale, often used in the context of finance leases in accounting.