Which of the Following Is NOT a Consideration in Classifying

question 48

Multiple Choice

Which of the following is NOT a consideration in classifying a lease?

• A) Value of the asset on the lessor's books
• B) Economic life of the asset
• C) Present value of the lease payments
• D) Whether the lease is cancelable

---

Definitions:

Achievement-Oriented

A personal attribute characterized by an individual's persistent effort and motivation to achieve goals and standards of excellence.

Transformational

Relating to transformational leadership, a style where leaders work to inspire and energize their followers by focusing on change and innovation for improvement and growth.

Locus of Control

Is the degree to which individuals believe they have control over the outcomes of events in their lives, as opposed to external forces having that control.

Task Structure

The way tasks are defined, organized, and sequenced within a job or project, including the clarity of goals and the necessary procedures for completion.