Answer the following questions with yes or no. (New lease accounting rules)

A:Are Lessors lease contracts to be evaluated under the new Lease Classification Tests?

B:If a Lessor and Lessee have a Sales or Finance type lease, does the Lessor report revenue as if the leased asset is sold?

C:Under the New Lease accounting rules the Lessor ALWAYS knows their implied lease rate. Must the lessor use this rate for its lease accounting if a discount rate is called for?

D:If the Lessor discloses its implied lease rate to the Lessee should both the Lessor and the Lessee ideally use that rate to perform the relevant lease accounting?

E:If the Lessor and the Lessee enter into an Operating Lessee, does the Lessor report Lease Revenue at the start of the Lease as if the asset is sold?