If a Lease Does Not Meet at Least One of Four

question 36

Multiple Choice

If a lease does not meet at least one of four conditions described in U.S.GAAP,then it is classified as which of the following?

• A)capital lease.
• B)operating lease.
• C)direct financing lease.
• D)sales-type lease.

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Definitions:

Experimental Groups

In research, groups of participants that are exposed to the independent variable or treatment of interest, to assess its effect on various outcomes.

Equal Probability

A statistical condition where all outcomes have the same chance or likelihood of occurring.

Experimental Method

A research method involving the manipulation of variables to establish cause-and-effect relationships.

Variable Manipulation

The systematic adjustment or alteration of the independent variables in an experiment to observe their effect on the dependent variables.