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Narrative 8-1: the Reality Show

question 15

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Narrative 8-1: The Reality Show 
Two groups are competing on a television reality show to determine which can lose the most weight.Every week,the groups have a special competition to determine which group will get extra help,in the form of exercise training,dietary counseling,or other skills development.
-The Green Team has won six weeks in a row,and the Blue Team,rather than being discouraged,is working their weight loss program with extra determination.This is classified as ____.


Definitions:

Executory Costs

Expenses related to ongoing maintenance and administration of a lease that are neither fixed nor included in the lease payments.

Annual Payments

Yearly amounts paid or received over the term of a financial instrument or agreement.

Lessor

The party in a lease agreement who owns the leased asset and grants the lessee the right to use the asset for a specified term in exchange for payment.

Amortization Policies

Guidelines or practices a company follows to systematically reduce the book value of its intangible assets over their useful life.

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