The Primary Difference Between a Direct-Financing Lease and a Sales-Type

question 84

Multiple Choice

The primary difference between a direct-financing lease and a sales-type lease is the

• A)manner in which rental receipts are recorded as rental income.
• B)amount of the depreciation recorded each year by the lessor.
• C)recognition of the manufacturer's or dealer's profit at the inception of the lease.
• D)allocation of initial direct costs by the lessor to periods benefited by the lease arrangements.

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Definitions:

Alcohol Treatment Program

A structured plan involving counseling, support groups, and sometimes medication to help individuals overcome alcohol dependency.

Abstinent

The act of refraining voluntarily from an addictive behavior or substance, typically in the context of substance abuse recovery.

Alcohol Detoxification

The process of removing toxic substances, specifically ethanol, from the body, often under medical supervision, to manage withdrawal symptoms from alcohol dependency.

Rationalization

A defense mechanism where controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.