Which of the Following Statements Is Not True Relating to a Capitalized

question 42

Multiple Choice

Which of the following statements is not true relating to a capitalized (capital) lease?

• A)A capital lease is handled as if the lessee bought the asset.
• B)The leased asset is in the fixed assets and the related obligation is included in liabilities.
• C)On the balance sheet,the capitalized asset amount will not usually agree with the capitalized liability amount because the liability is reduced by payments,and the asset is reduced by depreciation taken.
• D)Usually,a company depreciates capitalized leases faster than payments are made.
• E)On the balance sheet,the capitalized asset amount will usually be higher than the capitalized liability amount.

Understand the importance and application of qualitative methods in uncertain environments.

Recognize the distinct features and usage of various HR forecasting methods.

Understand the role of strategic and operational requirements in determining human capital demand.

Acknowledge the significance of historical data and quantitative models in HR forecasting.

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Definitions:

Bilateral

Pertains to a contract or agreement involving two parties who each have obligations towards each other.

Ohio Uniform Commercial Code

A collection of laws that govern commercial transactions in the state of Ohio, part of a larger uniform effort to harmonize the law of sales and other commercial transactions across the United States.

Federal Common Law

A body of law developed by the federal courts that applies nationwide, based on judicial decisions rather than statutes.

Unilateral Contract

A contract where one party makes a promise in exchange for a performance by the other party, which acts as acceptance of the offer.