Question
Which statement is correct about the bargain purchase option (BPO)? A It is cash that the lessee will receive at the end of the lease.
Which statement is correct about the bargain purchase option (BPO)?
A It is cash that the lessee will receive at the end of the lease.
B It cannot be assumed that the BPO will be exercised.
C It is excluded in the present value of the lease payment calculation.
D It means that it is almost certain that ownership will transfer to the lessee.
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Cost Accounting Planning And Control
Authors: Milton F Usry
9th Edition
053801881X, 978-0538018814
