Which of the following lease provisions would cause a lease to be classified as an operating lease? Select one: A. The collectability of lease payments by the lessor is unpredictable B. The lease...

Which of the following lease provisions would cause a lease to be classified as an operating lease?

Select one:

A. The collectability of lease payments by the lessor is unpredictable

B. The lease contains a bargain purchase option

C. The term of the lease is more than 75 percent of the estimated economic life of the leased property

D. The present value of the minimum lease payments equals or exceeds 90 percent of the fair value of the leased property

Jun 05, 2022

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