A Noncancellable Lease Contains a Bargain Purchase Option

question 91

Multiple Choice

A noncancellable lease contains a bargain purchase option. The fair value of the asset is greater than the lessor's cost. Collectability of the lease payments is reasonably assured, and no material uncertainties about future costs exist. How will the lessor account for the lease?

• A) direct-finance lease
• B) operating lease
• C) sales-type lease
• D) guaranteed lease

---

Definitions:

HR Analytics

An evidence-based approach for making better decisions about employees and HR policies, using a variety of tools to report HR metrics and to predict outcomes of HR programs.

Workforce Analytics

The use of statistical methods and analytical tools to analyze employee data and improve organizational decisions, workforce planning, and HR policies.

Self-Service Solution

A system that allows employees to manage their own HR-related tasks online without the need for HR department intervention.

HR Self-Service

Technology-enabled tools that allow employees to manage their own HR-related tasks without the need to interact directly with HR staff.