A Lease with High Payments Early in Its Life Which

question 25

Multiple Choice

A lease with high payments early in its life which then decline to termination would:

• A) provide greater cash flow to the lessee in the beginning years.
• B) be evidence of tax avoidance and not acceptable to the CRA.
• C) be qualified as a capital lease under CICA 3065.
• D) provide a lower residual value and thus ensure a bargain-purchase price option.

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