Which of the Following Is/are Not One of the Conditions

question 79

Multiple Choice

Which of the following is/are not one of the conditions of a capital lease?

• A)transfer of ownership to the lessor at the end of the lease term
• B)transfer of ownership to the lessee appears likely because of a "bargain" purchase option
• C)lease extends for at least 75 percent of the asset's life
• D)present value of the minimum contractual lease payments equals or exceeds 90 percent of the fair market value of the asset at the time the lessee signs the lease
• E)all of the above

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Definitions:

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Business methods that are deceptive, manipulative, or otherwise morally dubious, aimed at persuading customers to make purchases.

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The complete package of wages, benefits, bonuses, and any other form of compensation given to employees for their service.