The five criteria provided in GAAP for distinguishing a finance lease from an operating lease do not include:

a) The agreement specifies that ownership transfers at the end of the lease term.
b) The collectibility of the lease payments must be reasonably predictable.
c) The agreement grants the lessee an option to purchase the underlying asset that the lessee is reasonably certain to exercise.
d) The noncancelable lease term is for the major part of the remaining economic life of the leased asset.

When calculating the bountiful returns that retirees allegedly would glean from stock investments, privateers use rosy projections about a continually booming market. but when predicting bankruptcy for social security, they switch to pessimistic projections of a low-growth economy with abnormally low payments into the fund. in fact, far from going broke, social security produces enormous surpluses. from __ to americans paid more in social security taxes than were paid out in benefits. according to the congressional budget office, the social security trust fund will remain solvent until at least social security is the only federal program that produces about $150 billion yearly surplus, the only program that shows every sign of being selfsupporting and solvent for over thirty years to come yet is repeatedly described by its enemies as being in danger of insolvency?

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.