Which of the Following Facts Would Require a Lessor to Classify

question 42

Multiple Choice

Which of the following facts would require a lessor to classify a lease as an operating lease?

• A)No important uncertainties exist about unreimbursable costs yet to be incurred by the lessor.
• B)The collectibility of the minimum lease payments is reasonably assured.
• C)The lease term is 75% of the estimated economic life of the leased property.
• D)The sum of the minimum lease payments is 90% of the fair value of the leased property to the lessor.

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Definitions:

Work Environment

An environment at work characterized by factors such as culture, policies, and physical setup that impact employees' performance and satisfaction.

Readiness to Learn

The state or condition of being prepared and willing to acquire new knowledge or skills.

Trainability Equation

A concept in HR and organizational development that assesses an individual's or group's potential to learn and adapt to new skills or conditions.

Management Support

The backing and encouragement provided by managers to their teams, essential for the implementation and success of projects or strategies.