(Topic 5) Under an operating lease, possible benefits to the lessee include which of the following?

The correct answer is A. Cover payments. A U.S. bank regularly transmits international payments to European based XYZ Bank. The payments flow through an intermediary bank. Recently regulators audited the intermediary bank and discovered the bank may be unknowingly facilitating illegal activities. What payment method…

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Question

(Topic 5)

Under an operating lease, possible benefits to the lessee include which of the following?

Options

ACover payments
BDrawdown wires
CCHIPS payments
DSemi repetitive wires
IIt requires no initial capital outlay.

How the community answered

(22 responses)

A
82% (18)
B
5% (1)
C
5% (1)
I
9% (2)

Explanation

A U.S. bank regularly transmits international payments to European based XYZ Bank. The payments flow through an intermediary bank. Recently regulators audited the intermediary bank and discovered the bank may be unknowingly facilitating illegal activities. What payment method was MOST LIKELY used?

Topics

#operating lease#off-balance-sheet financing#lease benefits#capital structure

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