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In which of the following circumstances will a lessee not record a right-of-use asset? The lease is treated as a finance lease. The lease liability

In which of the following circumstances will a lessee not record a right-of-use asset? The lease is treated as a finance lease. The lease liability is greater than the right-of-use asset. The term of the lease is less than one year. The lease is treated as an operating lease.

The lease is treated as a finance lease.

The lease liability is greater than the right-of-use asset.

The term of the lease is less than one year.

The lease is treated as an operating lease.

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