Based Solely Upon the Following Sets of Circumstances,indicate Below Which

question 17

Multiple Choice

Based solely upon the following sets of circumstances,indicate below which set gives rise to a sales type or direct financing lease of a lessor,under SFAS No.13: Transfers Contains
Ownership bargain
By end of purchase
Lease? Provision?

• A)No Yes
• B)Yes No
• C)Yes Yes
• D)No No