Which of the following is true of a finance lease?

A) It involves leasing out money to a lessee.
B) The lessor is the supplier of goods.
C) It consists of a lessor, a lessee, and a supplier.
D) The lessee acquires the title of the goods.

C

Business

You might also like to view...

Which of the following statements about managerial accounting is incorrect?

a. Managerial accounting information is used primarily by managers within the organization. b. Managerial accounting information is prepared in accordance with rules established by outsiders (generally accepted accounting principles [GAAP]). c. Managerial accounting is primarily forward looking, as opposed to focusing on historical information. d. Managerial accounting information is used both at the organizational level and at the sub-unit (department) level. e. Budgets are an important managerial accounting tool

Business

Multidimensional scaling is a perceptual map that contains both brand spatial locations as well as consumer perceptions of their ideal brand

Indicate whether the statement is true or false

Business