CFA Practice Question

There are 520 practice questions for this study session.

CFA Practice Question

A short-term lease that provides the lessee with temporary use of an asset is called, in accounting, a capital lease. True or False?
Correct Answer: False

User Contributed Comments 2

User Comment
Piersy This is an operating lease
cong Financing leases are more likely to result in transfer of ownership than operating leases.
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