Question: Under the current lease accounting standard, which method will be most likely to give rise to better looking numbers on the balance sheet, which is
Under the current lease accounting standard, which method will be most likely to give rise to better looking numbers on the balance sheet, which is favored by managers?
Select one:
a. Sign a lease contract with terms longer than 10 years
b. Classify a lease as operating lease instead of finance lease
c. Classify a lease as finance lease instead of operating lease
d. Sign a lease contract with one year term and renew it year over year
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