Acompany has an operating lease for its office space. the lease term is 120 months and requires monthly rent of $15,000. as an incentive for the company to enter into the lease, the lessor granted the first eight months' rent at no cost. what amount of monthly rent expense should be recognized over the life of the lease?
a) $14,000
b) $14,062
c) $15,000
d) $16,072

The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav