A Auburndale office equipment lease runs 18 months at $2,100 per month. After 6 months have been used, what remaining lease commitment should be tracked?
Correct Answer
A) $25,200
Remaining lease commitment equals unexpired months multiplied by the monthly lease amount.
Why This Is the Correct Answer
Remaining lease commitment equals unexpired months multiplied by the monthly lease amount.
Why the Other Options Are Wrong
Option B: $37,800
$37,800 is above the supported result for lease commitment; it likely adds an unsupported amount or compares the wrong financial base.
Option C: $12,600
$12,600 is below the supported result for lease commitment; it likely uses the wrong base, period, or account bucket.
Option D: $50,400
$50,400 is above the supported result for lease commitment; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Office Manager money test: bucket before math for lease commitment.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Office Lease and Equipment Commitments; use the stated business record or control rule to verify the answer.
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