Question
If the lessor records unearned rent (or deferred lease revenue) at the beginning of a lease term, the lease must be: A) A finance lease.
If the lessor records unearned rent (or deferred lease revenue) at the beginning of a lease term, the lease must be:
A) A finance lease.
B) A sales-type lease without selling profit.
C) A sales type lease with selling profit.
D) An operating lease.
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Project Management A Managerial Approach
Authors: Jack R. Meredith, Samuel J. Mantel,
7th Edition
470226218, 978-0470226216
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