From the Lessor's Standpoint, All of the Following Statements Are

From the lessor's standpoint, all of the following statements are true regarding leasing except that

A) the lease provides a method of indirectly making a sale
B) if the residual value of the asset is not guaranteed, the lessor has transferred the risks of residual value decreases to the lessee
C) for sales-type lease agreements, the lessor earns interest in addition to profit from the transfer of the asset
D) the accounting procedures used by a lessor for a sales-type lease are similar to the accounting procedures used for a normal sale of merchandise under a perpetual inventory system