CPA Exam Question #1 (Bonus – 2 percent) An eight-year, capital lease entered into on March 30, 2011, specified equal minimum annual lease payments due on March 30 of each year.  The first minimum annual lease payment, paid on March 30, 2011, consists of which of the following?

On 1/1/2012 ABC, Inc. enters into a 10-year non-cancelable lease for a piece of machinery owned by XYZ, Inc. The lease calls for annual payments of $10,000, payable at the beginning of each year of the lease (first payment due on 1/1/2012).  At the end of the lease, ownership transfers to ABC, Inc.  XYZ, Inc. purchased this machine on 12/31/2011 for $46,320, and the economic life of the machine is believed to be 20 years.  Both ABC, Inc. and XYZ, Inc. use an 8% discount rate to calculate present values.   What (if any) journal entry(ies) should XYZ, Inc. record on 1/1/2012 (Note, you can ignore depreciation)?

Which of the following is FALSE about Cerebrospinal Fluid (CSF)?

Multiply the decimal fractions without using a calculator.5.2 x 3.8

Blair Questions: 16-23 ___________ is the common secondary structural feature that is common among aggregated proteins in neurodegenerative disease, which is stabilized by _________ bonds. (1 point)

In Mr. Alvarado’s classroom, small groups of students work amongst themselves toward common goals by considering one another’s ideas, appropriately challenging one another, and resolving differences of opinion on the basis of reasons and evidence. Mr. Alvarado uses ____________ learning.

Why do we typically no longer use hard threshold functions?

Consider a medical test that is testing for the presence of a particular disease.  Which is the worst outcome for the test?

One way to have a reduction in entropy is to have ___________ .

Scenario 9.1Shipments of Product A from a distribution center to a retailer are made in lots of 350. The retailer’s average demand for Product A is 75 units per week. The lead time from distributor to retailer is 3 weeks. The retailer pays for the shipments when they leave the distributor. The distributor has agreed to reduce the lead time to 2 weeks if the retailer will purchase quantities of 400 per shipment instead of 350 units per shipment.Refer to Scenario 9.1. With the change in purchased quantities, the average cycle inventory will: