For the Lessor to Recognize a Lease as a Sales-Type

question 15

Multiple Choice

For the lessor to recognize a lease as a sales-type lease,the following must occur.

• A)At least one of the capital lease criteria is met,at least one of the certainty criteria is met,and there is a manufacturer or dealer's profit.
• B)At least one of the capital lease criteria is met,both certainty criteria are met,and there is a manufacturer or dealer's profit.
• C)More than one of the capital lease criteria are met,both certainty criteria are met,and there is a manufacturer or dealer's profit.
• D)Only one of the capital lease criteria is met,both certainty criteria are met,and there is a manufacturer or dealer's profit.

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Definitions:

Low Conformity

The tendency of an individual or group to resist adhering to the norms or standards of a larger community or society.

Groupthink

An occurrence in a group setting where the urge for consensus or uniformity leads to unreasonable or maladaptive choices in decision-making.

Direct Pressure

A form of influence where individuals are explicitly urged or coerced by others to engage in certain behaviors or make specific choices.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.