Which Is Not an Indicator to Classify the Lease as a "Finance

question 86

Multiple Choice

Which is not an indicator to classify the lease as a "finance" lease?

• A)Transfer of ownership to the lessee at the end of the lease term.
• B)A lease term that is 51% of the of asset's useful life.
• C)A lease term that contains a bargain purchase option.
• D)Minimum lease payments comprising 90% or more of the asset's fair value.

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The collective opinions, beliefs, and attitudes of a society or community towards various topics or issues.

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The perspectives and attitudes held by a particular culture towards various topics, issues, or phenomena, often influencing behavior and practices.

Night Vision

The ability to see in low light conditions, often enhanced through natural adaptions or technological devices.

Age

The length of time that a person has lived or a thing has existed.