In A[n] _______,The Transaction Is Treated as a Conventional Operating

Multiple Choice

In a[n] _______,the transaction is treated as a conventional operating lease for accounting purposes and payments under the lease are treated as rent; but for tax purposes the lessee treats the transaction as though it had purchased the property and obtained a loan from the seller.

A) synthetic lease
B) sale and leaseback
C) operating lease
D) non-operating lease