A Lease with High Payments Early in Its Life Which

question 25

Multiple Choice

A lease with high payments early in its life which then decline to termination would:

• A) provide greater cash flow to the lessee in the beginning years.
• B) be evidence of tax avoidance and not acceptable to the CRA.
• C) be qualified as a capital lease under CICA 3065.
• D) provide a lower residual value and thus ensure a bargain-purchase price option.

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Definitions:

Conference Board Of Canada

An independent, not-for-profit research organization that specializes in analyzing and forecasting economic trends, public policy, and organizational performance in Canada.

Training Evaluation

The process of assessing the effectiveness and efficiency of a training program, usually by measuring skill acquisition, knowledge, and attitude changes.

Transfer Of Training Climate Evaluation Method

A systematic approach to assessing the work environment's support for applying new skills and knowledge gained from training to the job.

Kirkpatrick's Evaluation Scheme

A widely used framework for assessing the effectiveness of training programs across four levels: reaction, learning, behavior, and results.