Lease standardization helps justify leasing because:
A)it makes all lessors pay the same lease payments.
B)it lowers costs through standardized leased asset and security evaluations.
C)it makes it possible for lessors to investigate lessees more thoroughly.
D)it helps lessees to select similar assets.

Question

Quizplus · Accepted Answer

Lease standardization helps lower costs through standardized leased asset and security evaluations, making it easier for both lessees and lessors to determine fair lease terms and conditions. This helps to justify leasing as a viable financing option for businesses. The other options are not directly related to lease standardization.

Lease Standardization Helps Justify Leasing Because