When There Is an Unguaranteed Residual Value for the Lessor

question 8

Multiple Choice

When there is an unguaranteed residual value for the lessor in a Direct-Financing Lease, this means:

• A) the total payments to be received by the lessor will come from the lessee.
• B) the total payments to be received by the lessee will come from the lessor.
• C) a portion of the total payments to be received by the lessor will come from parties outside the consolidated group.
• D) a portion of the total payments to be received by the lessee will come from parties outside the consolidated group.

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