Question: 3. Under ASC 842, the difference between the expense charged relating to a finance lease and an operating lease is: Multiple Choice the number of

3.

Under ASC 842, the difference between the expense charged relating to a finance lease and an operating lease is:

Multiple Choice

  • the number of years that recognize expense.

  • the timing of the expense recognition.

  • the amount of total expense, with a finance lease higher than an operating lease.

  • the amount of total expense, with an operating lease higher than a finance lease.

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