Why should I choose AnalystNotes?

AnalystNotes specializes in helping candidates pass. Period.

Find out more

Basic Question 15 of 15

The following type(s) of income is (are) recognized by a lessor for direct financing leases:

I. Interest revenue
II. Gain on sale
III. Rental revenue
Check Answer Previous Q Print

User Contributed Comments 1

User Comment
johntan1979 II sales type lease
III operating lease
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

explain the financial reporting of leases from the perspectives of lessors and lessees

CFA® 2024 Level I Curriculum, Volume 2, Module 8.