Which of the Following Statements Is False

question 6

Multiple Choice

Which of the following statements is false?

• A) Lease payments are a fixed obligation of the firm.
• B) The risk of the lease payments is no greater than the risk of secured debt, so it is reasonable to discount the lease payments at the firm's secured borrowing rate.
• C) If a firm purchases a piece of equipment, the expense is a capital expenditure. Therefore, the purchase price can be depreciated over time, generating a depreciation tax shield.
• D) If the equipment is leased and the lease is a non-tax lease, there is no capital expenditure, but the lease payments are an operating expense.

Understand the nature and purpose of exploratory research.

Recognize the sources and applications of primary and secondary data in marketing.

Familiarize with the steps of the marketing research process and their sequencing.

Differentiate between focus groups and in-depth interviews.

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Definitions:

Workers' Compensation Act

Legislation providing financial compensation and medical care for workers who are injured on the job or contract work-related illnesses.

Canadian Human Rights Act

A statute passed by the Parliament of Canada in 1977, designed to protect individuals from discrimination based on race, gender, disability, and other enumerated grounds.

Sexual Harassment

Unwanted or unwelcome behavior of a sexual nature that creates an intimidating, hostile, or offensive work environment.

Constructive Dismissal

Termination of employment triggered by an employer's substantial change to the job or work environment, forcing the employee to resign.