State Completely Criterion 2 (Bargain Purchase Option)and Criterion 4 (90%)as

question 92

Essay

State completely criterion 2 (bargain purchase option)and criterion 4 (90%)as they pertain to capitalizing leases under ASPE.Then, explain why fulfilling either constitutes a capitalized lease for the lessee.

---

Definitions:

Induced Compliance

A special case of cognitive dissonance: inconsistency is experienced when a person is persuaded to behave in a way that is contrary to an attitude.

Cognitive Dissonance

The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Inoculation

A way of making people resistant to persuasion. By providing them with a diluted counter-argument, they can build up effective refutations to a later, stronger argument.

Reactance

Brehm’s theory that people try to protect their freedom to act. When they perceive that this freedom has been curtailed, they will act to regain it.