Which Statement Is Correct About the Bargain Purchase Option (BPO)

question 3

Multiple Choice

Which statement is correct about the bargain purchase option (BPO) ?

• A)It is cash that the lessee will receive at the end of the lease.
• B)It cannot be assumed that the BPO will be exercised.
• C)It is excluded in the present value of the lease payment calculation.
• D)It means that it is almost certain that ownership will transfer to the lessee.

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Definitions:

SOAP

Subjective, Objective, Assessment, and Plan; a method of documentation employed by health care providers to write out notes in a patient's chart.

Patient Approval

The consent given by a patient for treatment or participation in a clinical trial after understanding the risks and benefits.

Private Health Information

Any information about health status, provision of healthcare, or payment for healthcare that can be linked to an individual.

Setting And Timing

Factors related to the environment and schedule in which an event or activity takes place, affecting its outcome.