Which of the Following Criteria Would Allow a Lease to Be

question 181

Multiple Choice

Which of the following criteria would allow a lease to be recorded as an operating lease?

• A) The lease transfers ownership of the property to the lessee.
• B) The lease contains a bargain purchase option.
• C) The lease term is less than 75% of the economic life of the leased property.
• D) The present value of the lease payments equals or exceeds 90% of the fair market value of the leased property.

---

Definitions:

Soft Determinists

Philosophers who believe that while human behavior is influenced by external factors, individuals still possess the ability to make choices, blending determinism with free will.

Determinism

The belief in philosophy that every event, including decisions on moral issues, is fully predetermined by preceding causes.

Compatible

The ability of two or more concepts, systems, or devices to work together without conflict or incompatibility.

Sartre

A 20th-century French philosopher, playwright, novelist, and political activist, known for his leading role in existentialism and his assertion that "existence precedes essence."