Question

If the lessor meets any one of the five Group I criteria, then the lessor classifies the lease as a(n) ________. If the lessor meets both of the Group II criteria, but none of the Group I criteria, then the lessor classifies the lease as a(n) ________. If the transaction does not meet either the Group I or Group II criteria, then the lessor classifies the lease as a(n) ________.A. operating lease, died financing lease. sales - type lease B. standalone price lease, sales - type lease, dreg fmancitig lease C. fired financlig lease. operating lease, sales type lease D. sales - type lease, dyed financing lease operating lease

Answer 1

The answer is option A) operating lease, died financing lease sales - type lease

Step-by-step explanation:

If the lessor meets any one of the five Group I criteria, then the lessor classifies the lease as an operating lease If the lessor meets both of the Group II criteria, but none of the Group I criteria, then the lessor classifies the lease as a died financing lease If the transaction does not meet either the Group I or Group II criteria, then the lessor classifies the lease as a sales - type lease.