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Basic Question 7 of 8
According to U.S. GAAP, a lease may be classified by a lessee as a(n) ______.
B. leveraged lease or a capital lease
C. operating lease or a capital lease
A. operating lease or a sales-type lease
B. leveraged lease or a capital lease
C. operating lease or a capital lease
User Contributed Comments 2
| User | Comment |
|---|---|
| lynche2012 | finance lease = capital under IFRS |
| khalifa92 | informative |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
explain the financial reporting of leases from the perspectives of lessors and lessees
CFA® 2025 Level I Curriculum, Volume 2, Module 8.