Problem
1. Is there a measurement reliabilirv (verifiability) problem with lease capitalization?
2. Evaluate the manner in which initial direct lease costs are accounted for under SFAS No. 13.
3. Why was there some reason to expect negative economic consequences arising from lease capitalization? "What is the role of neutrality in such a situation? What has been the response based on research findings to date?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.