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Which statement in relation to short term lease exemption is NOT correct? Your response: O A. The lease term begins at the start date and

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Which statement in relation to short term lease exemption is NOT correct? Your response: O A. The lease term begins at the start date and includes any rent-free periods. OB. If a lessee elects the short-term lease exemption, it has to be made on a lease-by-lease basis. OC. If a lessee elects the short-term lease exemption, it should treat any subsequent modification or change in lease term as resulting in a new lease. D. A lease that contains a purchase option is not a short-term lease

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