American_Bankers_Association
CTFA · Question #208
One advantage of a financial lease is that:
The correct answer is D. It provides a way to indirectly depreciate land. See the full explanation below for the reasoning.
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
How the community answered
(35 responses)- A9% (3)
- B11% (4)
- C3% (1)
- D77% (27)
Community Discussion
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