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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Definitions:

Open-Chain Form

Describes compounds that have a linear or branched structure rather than a cyclic structure, common in organic chemistry.

L-Altrose

A rare sugar of the aldohexose type, which is a stereoisomer of glucose and part of the allose family.

Structural Relationship

The connection or relation between the structures of molecules, including isomerism and conformations.

D-Gulose

An aldohexose sugar in the D-configuration, a stereoisomer of glucose with a specific arrangement of hydroxyl groups.