On January 1,Blalock Company as Lessee Signed a Ten-Year Noncancelable

question 4

Multiple Choice

On January 1,Blalock Company as lessee signed a ten-year noncancelable lease for a machine with annual payments of $60,000.The first payment was also made on January 1.Blalock appropriately treated this transaction as a capital lease.The ten lease payments have a present value of $405,000 at January 1,based on implicit interest of 10 percent.For the first year,Blalock should record interest expense of

• A) $0.
• B) $6,000.
• C) $34,500.
• D) $40,500.

---

Definitions:

Multiply Controlled Behaviors

Behaviors influenced by more than one environmental factor or contingency, making them complex and sometimes challenging to modify.

Antecedents

Events or conditions that precede and influence behavior, often studied in behavioral psychology to understand causal relationships.

Functional Analysis

A set of procedures used in FBA to analyze contextual variables, primarily focusing on consequences to reduce students’ problem behaviors. It is also used to describe the second stage of FBA, testing hypotheses.

Functional Assessment

A detailed investigation into the factors contributing to problematic behaviors, leading to targeted interventions for improvement.