If a Lessee Does Not Exercise a Bargain Purchase Option

question 224

Multiple Choice

If a lessee does not exercise a bargain purchase option prior to its lapse date, the:

• A)bargain purchase option cannot lapse because this option was included in computing the annual rental amounts.
• B)lessee continues to record depreciation on the lease asset because it was assumed from the beginning that the lessee would retain ownership of the asset.
• C)lessee recognizes a gain due to the lapse.
• D)lessee recognizes a loss due to the lapse.

Learn about the impact and process of unionization on employees and managers.

Understand the role and process of third-party resolution mechanisms in labor disputes.

Understand the concept and application of union security and its implications.

Identify the various steps involved in the union organizing process.

---

Definitions:

Alternative Hypothesis

The hypothesis that proposes there is a significant difference between two variables or that a parameter of the population has a value that contradicts the null hypothesis.

Simple Linear Regression

A statistical method for modeling the relationship between a dependent variable and one independent variable.

F Statistic

A ratio of variances that is used primarily in ANOVA to assess whether the variances between groups are significantly different.

Alternative Hypothesis

The hypothesis that proposes a significant difference, relationship, or effect, and is accepted if the null hypothesis is rejected.