A Confirmation Bias Leads Decision Makers to Seek Information That

question 133

True/False

A confirmation bias leads decision makers to seek information that confirms beliefs and ideas, and avoid seeking disconfirming information.

Identify criteria for classifying leases as capital leases.

Understand the implications of lease terms, including renewal options and penalties.

Comprehend the advantages and disadvantages of leasing from the lessee's viewpoint.

Understand lessor accounting and the difference between sales-type and operating leases.