A lessee wants to lease an asset on a long-term noncancelable basis,but wants to avoid capitalizing the lease.The lessee is considering the following strategies to accomplish its objective: Which of the strategies above will provide the desired result?
A) only 2
B) 1 and 3
C) 1 and 4
D) None

Question

A lessee wants to lease an asset on a long-term noncancelable basis,but wants to avoid capitalizing the lease.The lessee is considering the following strategies to accomplish its objective:  Which of the strategies above will provide the desired result?
A) only 2 
B) 1 and 3 
C) 1 and 4 
D) None

Quizplus · Accepted Answer

The Answer of A lessee wants to lease an asset on a long-term noncancelable basis,but wants to avoid capitalizing the lease.The lessee is considering the following strategies to accomplish its objective:  Which of the strategies above will provide the desired result?
A) only 2 
B) 1 and 3 
C) 1 and 4 
D) None

A Lessee Wants to Lease an Asset on a Long-Term