far4内份按-12顺序排列左上角钉单面竖版.pdf

FAR13.2PV-Lease

MultipleChoiceQuestions

1)2013

OnJanuary1,acompanyentersintoanoperatingleaseforofficespaceandreceivescontrolofthepropertytomake

leaseholdimprovements.ThecompanybeginsalterationstothepropertyonMarch1andthecompanysstaffmoves

intothepropertyonMay1.ThemonthlyrentalpaymentsbeginonJuly1.Therecognitionofrentalexpenseforthe

newofficesshouldbegininwhichofthefollowingmonths?

a.January

b.March

c.May

d.July

2)2013

OnJanuary1,Year1,ashippingcompanysellsaboatandleasesitfromthebuyerinasale-leasebacktransaction.At

ofthe10-yearlease,ownershipoftheboatrevertstotheshippingcompany.Thefairvalueoftheboat,atthe

timeofthetransaction,waslessthanitsundepreciatedcost.Whichofthefollowingoutcomesmostlikelywillresult

fromthesale-leasebacktransaction?

a.Theboatwillnotbeclassifiedinproperty,plantandequipmentoftheshippingcompany.

b.Theshippingcompanywillrecognizethetotalprofitonthesaleoftheboatinthecurrentyear.

c.Theshippingcompanywillnotrecognizedepreciationexpensefortheboatinthecurrentyear.

d.Theshippingcompanywillrecognizeinthecurrentyearalossonthesaleoftheboat.

3)2012

OnJune1ofthecurrentyear,acompanyenteredintoarealestateleaseagreementforanewbuilding.Theleaseis

anoperatingleaseandisfullyexecutedonthatday.Accordingtothetermsofthelease,paymentsof$28,900per

montharescheduledtobeginonOctober1ofthecurrentyearandtocontinueeachmonththereafterfor56months.

Theleasetermspansfiveyears.Thecompanyhasacalendaryearend.Whatamountisthecompanysleaseexpense

forthecurrentcalendaryear?

a.$86,700

b.$161,838

c.$188,813

d.$202,300

4)2014

Aleaseisclassifiedasacapitalleasebecauseitcontainsabargainpurchaseoption.Overwhatperiodo