Under current requirements, the weak disclosures of non-capitalized leases create incentives to structure leases in such a way as to avoid both capitalization and supplemental disclosure.

Question

Quizplus · Accepted Answer

The statement is true. Under current requirements, non-capitalized leases have weak disclosures, which creates an incentive to structure leases in a way that avoids both capitalization and supplemental disclosure.

Under Current Requirements, the Weak Disclosures of Non-Capitalized Leases Create