Match the following phrase to the term -Costs that are expensed rather than capitalized -A series of equal payment made at equal intervals -The translation of new knowledge into new products -Attempt to find new knowledge -Price paid for a subsidiary in excess of the fair value of its net assets Options: -Research -Annuity -Development -Goodwill -Research and Development • Match the following phrase to the term -Gives rise to deferred taxes -EBIT minus interest -Lease agreement where the risks and benefits are not conveyed to the lessee -Account holding both interest expense and amortization expense on an operating lease -Lease agreement where the risks and benefits are conveyed to the lessee Options: Operating lease -Lease expense -Finance lease -Temporary difference -Times -Interest -earned
Match the following phrase to the term -Costs that are expensed rather than capitalized -A series of equal payment made at equal intervals -The translation of new knowledge into new products -Attempt to find new knowledge -Price paid for a subsidiary in excess of the fair value of its net assets Options: -Research -Annuity -Development -Goodwill -Research and Development • Match the following phrase to the term -Gives rise to deferred taxes -EBIT minus interest -Lease agreement where the risks and benefits are not conveyed to the lessee -Account holding both interest expense and amortization expense on an operating lease -Lease agreement where the risks and benefits are conveyed to the lessee Options: Operating lease -Lease expense -Finance lease -Temporary difference -Times -Interest -earned
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
• Match the following phrase to the term
-Costs that are expensed rather than capitalized
-A series of equal payment made at equal intervals
-The translation of new knowledge into new products -Attempt to find new knowledge
-Price paid for a subsidiary in excess of the fair value of its net assets
Options:
-Research
-Annuity
-Development
-Goodwill
-Research and Development
• Match the following phrase to the term
-Gives rise to deferred taxes
-EBIT minus interest
-Lease agreement where the risks and benefits are not conveyed to the lessee
-Account holding both interest expense and amortization expense on an operating lease
-Lease agreement where the risks and benefits are conveyed to the lessee
Options:
Operating lease
-Lease expense
-Finance lease
-Temporary difference
-Times -Interest -earned
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