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Basic Question 15 of 15
The following type(s) of income is (are) recognized by a lessor for direct financing leases:
II. Gain on sale
III. Rental revenue
I. Interest revenue
II. Gain on sale
III. Rental revenue
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | II sales type lease III operating lease |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain the financial reporting of leases from the perspectives of lessors and lessees
CFA® 2025 Level I Curriculum, Volume 2, Module 8.