A lease is classified as an operating lease unless one of these is met:

		a. lessor communicates to lessee on intent, purpose, and feasibility of renewal
		b. imminent cancellation of proposal
		c. lease term is equal or greater than 75 % estimated econ life of leased property
		d. Repurchasing of lease obligation

a. expensed

b. paid

c. available

d. fully utilized

Current financial resources are cash or items such as receivables that will be converted into cash during the current fiscal period or that will be _________ soon enough after the end of the period to pay current-period liabilities

a. expensed

b. paid

c. available

d. fully utilized

Current financial resources are cash or items such as receivables that will be converted into cash during the current fiscal period or that will be _________ soon enough after the end of the period to pay current-period liabilities

		a. expensed
		b. paid
		c. available
		d. fully utilized