American_Bankers_Association
CTFA · Question #208
CTFA Question #208: Real Exam Question with Answer & Explanation
Sign in or unlock CTFA to reveal the answer and full explanation for question #208. The question stem and answer options stay visible for context.
Question
One advantage of a financial lease is that:
Options
- AIt has a shorter maturity than term loans
- BIt never appears as a liability on the balance sheet
- CIt eliminate the needs to make periodic payments
- DIt provides a way to indirectly depreciate land
Unlock CTFA to see the answer
You've previewed enough free CTFA questions. Unlock CTFA for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.