Initial Direct Costs Are

question 200

Multiple Choice

Initial direct costs are:

• A)non-refundable down payments made by the lessee.
• B)incremental costs incurred by the lessor in negotiating and consummating the lease agreement.
• C)insurance, property taxes, and maintenance costs.
• D)interest and annual lease rental paid.

---

Definitions:

Sensory Store

The initial process of storing sensory information after it is received, lasting for a very brief period.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.

Selectively

The act of choosing specific items or data while ignoring others based on certain criteria.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.