If a Correlational Relationship Is Perfect , the Coefficient Would

question 335

Multiple Choice

If a correlational relationship is perfect , the coefficient would

• A)be zero.
• B)be a +1.00 or a -1.00.
• C)always be a negative correlation.
• D)always be a positive correlation.

---

Definitions:

Lessees' Balance Sheet

The financial statement that reflects the rights and obligations arising from leasing agreements, including both right-of-use assets and lease liabilities, from the perspective of the lessee.

Capital Leases

A lease that transfers substantially all risks and rewards of ownership of the asset to the lessee, effectively treated as a purchase.

Operating Leases

Leases where the lessor retains ownership of the asset, and the asset is returned after the lease term; typically involves equipment and property.

Direct Financing Capital Lease

A type of lease in which the lessor finances the leased asset, and all risks and rewards of ownership are transferred to the lessee, without actual transfer of ownership.