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Queston: 2 pts 24 of 25 (18 complete)V the lessor account for a lease either as an operating, direct financing, or a sales-type lease at
Queston: 2 pts 24 of 25 (18 complete)V the lessor account for a lease either as an operating, direct financing, or a sales-type lease at its discretion? Explain es-type lease is not a matter of discretion, f at least one of he Group Ictens of the Group citeria is met, the lessor classifies the lease as a drect financing lease fnether set of citena are met. B. A lessor can account for a lease ether as an operating, direct fnancing, or a salestype lease at its discretion The Group lor only Groupl citeria are set oud The lessor's accounting for a lease as an operating, direct financing lease or a sal both Group Il critenia are met, but none A lessor can account for a lease either as an operating, direct financing, or a sales-type lease at its discretion The type of lease accounting used is dependent requirement for reporting is consistency C. D. The lessor's accounting for a lease as an operating, direct financing lease or a sales-type lease is not a matter of discretion. The type of lease accounting used Group I criteria is met, the lessor classifes the lease as a direct financing lease If the Group lI itenia is met but the Group I cnteria is not met, the lessor clas are met, the lessor classifies the lease as an operating lease Cick to select your ansuer
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