- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 25. Non-Current (Long-term) Liabilities
- Subject 6. Advantages of Leasing
CFA Practice Question
The lease term includes: all terms prior to the exercise date of the bargain purchase option, all bargain renewal terms, and all renewal terms at the lessor's option. True or False?
Correct Answer: True
User Contributed Comments 3
| User | Comment |
|---|---|
| ashpan | Why is the first option true? |
| thekapila | first option is true because before bargain purchase option its still leased to lessee by leasor |
| jainrajeshv | In case of operational lease bargain renewal terms are not there |