Critical Thinking Questions Case 4-1

question 64

Multiple Choice

Critical Thinking Questions Case 4-1
Bradley plans to generate reports from an Access database that a colleague of his built. As he works with the reports, he decides to familiarize himself with each of the views that is available to him.
Bradley is almost ready to print one of the reports. He wants to review the first page of the report to see how it will look when printed. Which view should he use?

• A) Report View
• B) Layout View
• C) Print Preview
• D) Design View

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Definitions:

Cost of Capital

The rate of return that a firm must earn on its project investments to maintain its market value and attract funds.

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Capital Lease

A lease agreement that qualifies as a purchase of an asset for accounting purposes, because it substantially transfers all the benefits and risks of ownership to the lessee.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow, over a similar term and with a similar security, the funds needed to obtain an asset lease.