When There Is an Unguaranteed Residual Value for the Lessor

question 51

Multiple Choice

When there is an unguaranteed residual value for the lessor in a direct-financing lease, this means:

• A)​the total payments to be received by the lessor will come from the lessee.
• B)​the total payments to be received by the lessee will come from the lessor.
• C)​a portion of the total payments to be received by the lessor will come from parties outside the consolidated group.
• D)​a portion of the total payments to be received by the lessee will come from parties outside the consolidated group.