Which of the following best describes a finance lease? Alease that requires the lessor to recognize a lease asset and a lease liability on its balance sheet. Alease that must meet all five of the criteria specified by GAAP regarding accounting for leases. Alease that does not require the lessee to recognize a lease asset or a lease liability on its balance sheet. Alease that requires the lessee to recognize a lease asset and a lease liability on its balance sheet