The primary difference between a direct-financing lease and a sales-type lease is the
A) manner in which rental receipts are recorded as rental income.
B) amount of the depreciation recorded each year by the lessor.
C) recognition of the manufacturer's or dealer's profit at the inception of the lease.
D) allocation of initial direct costs by the lessor to periods benefited by the lease arrangements.
Correct Answer:
Verified
Q47: The initial direct costs of leasing
A)are generally
Q48: For a sales-type lease,
A)the sales price includes
Q49: If companies want to disqualify a lease
Q50: Which of the following is true regarding
Q52: Which of the following statements is correct?
A)In
Q53: Use the following information for Questions
Yueve's
Q54: All of the followings are ways in
Q55: All of the following statements are true
Q56: To avoid leased asset capitalization, companies can
Q58: Use the following information for questions 54
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