The total payments of ___________lease over the lease period are greater than the cost of the leased asset to the lessor.
A) a financial
B) a serial
C) a leveraged
D) an operating

Name: The total payments of ___________lease over the lease period are greater than the cost of the leased asset to the lessor. A) a financial B) a serial C) a leveraged D) an operating
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Question

Quizplus · Accepted Answer

A financial lease is a lease in which the total payments over the lease period are greater than the cost of the leased asset to the lessor.

The Total Payments of ___________Lease Over the Lease Period Are