From the lessor's standpoint, which of the following statements regarding leasing is false? A...
70.2K
Verified Solution
Link Copied!
Question
Accounting
From the lessor's standpoint, which of the following statements regarding leasing is false? A salestype lease provides a method of indirectly making a sale. With an operating lease the asset is transferred to the lessee and removed from the books of the lessor: A lease can be classified as salestype, directfinancing or operating. The risk of default is a disadvantage for the lessor. 
From the lessor's standpoint, which of the following statements regarding leasing is false?
A salestype lease provides a method of indirectly making a sale.
With an operating lease the asset is transferred to the lessee and removed from the books of the lessor:
A lease can be classified as salestype, directfinancing or operating.
The risk of default is a disadvantage for the lessor.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.