When a Capital Lease Is Used to Lease Fixed Assets

question 39

Multiple Choice

When a capital lease is used to lease fixed assets for the general government,the governmental fund acquiring the fixed assets debits ________ at the ________.

• A)expenditures; future value of the lease payments
• B)fixed assets; future value of the lease payments
• C)expenditures; present value of the lease payments
• D)fixed assets; present value of the lease payments

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Definitions:

Observational Learning

Learning that occurs through observing the behaviors of others and the outcomes of those behaviors.

Classical Conditioning

The process by which learning is facilitated through the connection of a stimulus from the environment with one that occurs innately, resulting in a conditioned reaction.

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment.

Acquisition Procedures

Methods or processes used in learning or obtaining new information, skills, or responses.