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From the lessor's standpoint, which of the following statements regarding leasing is false? A sales - type lease provides a method of indirectly making a

From the lessor's standpoint, which of the following statements regarding leasing is false?

A sales

-

type lease provides a method of indirectly making a sale.

With an operating lease the asset is transferred to the lessee and removed from the books of the lessor:

A lease can be classified as sales

-

type, direct

-

financing or operating.

The risk of default is a disadvantage for the lessor.

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