Multiple Choice
A lease in which at the end of the lease period the asset becomes the property of the lessee,possibly with an additional payment is called a(n) _____ lease.
A) capital
B) leveraged
C) direct
D) operating
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Which of the following statements is true
Q7: How can a business use its accounts
Q8: Small businesses use the periodic inventory method
Q9: Which of the following is not generally
Q10: _ are assets that are expected to
Q12: Assigning a high value to inventory results
Q13: The three primary inventories of manufacturing are
Q14: The _ methods define utility as being
Q15: Which of the following is a disadvantage
Q16: Which of the following is a statistical