Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 0 of 18
According to U.S. GAAP, a lease may be classified by a lessor as a(n) ______.
B. operating lease or a direct financing lease
C. operating lease, direct financing lease, or a sales-type lease
A. operating lease or a sales-type lease
B. operating lease or a direct financing lease
C. operating lease, direct financing lease, or a sales-type lease
User Contributed Comments 1
| User | Comment |
|---|---|
| kalps | 1. Classify as operating or capital lease 2. Then if capital then it is classified as a sales-type or direct financing lease |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
compare classical growth theory, neoclassical growth theory, and endogenous growth theory;
explain and evaluate convergence hypotheses;
describe the economic rationale for governments to provide incentives to private investment in technology and knowledge;
CFA® 2025 Level II Curriculum, Volume 1, Module 9.