Interest expense will increase each period as the carrying amount of the bonds increases. D. Both B and C are correct. O. Which of th ollowing is not a characterc of a finmcing lease? Which of the fo A. The Lease transfers ownership of the asset to the lessor at the end of term. B. The Lease term is for the major part of the remaining economic life C. The Lease grants the option, that the lessee is reasonably certain to exercise, for the 10. lessee to purchase the asset. D. All of the above are true