Which of the following is one of the criteria for classifying a lease as a finance lease under the new lease accounting standard?

Group of answer choices

A The lessor intends to lease the asset to another lessee when the current lease term ends.

B The agreement specifies that ownership of the asset remains with the lessor during and after the lease term.

C The present value of the lease payments equals or exceeds substantially all of the fair value of the leased asset.

D The lease term is 50%-75% of the leased assets useful life.