One difference between a financial lease and operating lease is that：（ ）
A: there is an often a call option in a financial lease.
B: there is often an option to buy in an operating lease.
C: an operating lease is often cancellable by the lessee.
D: a financial lease is often cancellable by the lessee.
A: there is an often a call option in a financial lease.
B: there is often an option to buy in an operating lease.
C: an operating lease is often cancellable by the lessee.
D: a financial lease is often cancellable by the lessee.
C
举一反三
- In financial lease, the lessor is obligated to pay lease rent till the expiry of lease period. （ ）
- For short term lease, the lessee may choose not to recognize the right-of–use asset and lease liability.
- The characteristics of operating lease A: Revocability B: Fully payment-ability C: Incomplete payment-ability D: Lease property is purchased in bulk by lessor
- A firm is most likely to structure a lease as an operating lease rather than a capital lease, when it:（） A: has a high debt-to-equity ratio. B: is very profitable. C: does not have debt covenants.
- What entry is required for the lessor for an operating lease? A: Gain/loss on asset sale. B: Net investment in lease. C: Interest income. D: Depreciation expense.
内容
- 0
Financial lease is sometimes called capital lease and is usually( ). A: all of the above B: intermediate term C: short term D: long term
- 1
The lessor should divide the lease into financing lease and （ ） lease on the lease start date.
- 2
Which are financial assets? A: Patents B: Lease obligations C: Customer goodwill D: A college education
- 3
To Lease(租赁) or Not to Lease A: True B: False C: Not Given
- 4
If you lease a car for a year and the monthly lease fee is $200, then the total lease payments should be $2,400. A: 正确 B: 错误