Question 1) Which of the following statements about net' finance leases is incorrect? a. At...
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Accounting
Question 1) Which of the following statements about net' finance leases is incorrect?
a. At the end of the lease period, the company will be required to make a residual payment.
b. The lessor's role is one of financing, while the lessee makes regular rental payments.
c. Upon payment of the residual amount, ownership of the asset transfers to the company.
d. The lessor will be responsible for the periodic maintenance of the asset.
Question 2) If the interest rate in Australia falls, overseas investors:
a. increase their demand for Australian dollars and the Australian exchange rate appreciates.
b. decrease their demand for Australian dollars and the Australian exchange rate appreciates
c. decrease their demand for Australian dollars and the Australian exchange rate depreciates.
d. increase their demand for Australian dollars and the Australian exchange rate depreciates.
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