Question: Which of the following is correct about the difference between a finance lease and an operating lease for the lessee? Group of answer choices A

Which of the following is correct about the difference between a finance lease and an operating lease for the lessee? Group of answer choices A finance lease requires capitalization of the lease payments whereas an operating lease does not require so. Under a finance lease, the lessee amortizes the right-of-use asset in a straight-line fashion while under an operating lease, the lessee records lower(higher) amortization in the earlier (later) years of the lease term. The total expense is higher for a finance lease than for an operating lease. A finance lease requires the lessee to amortize the right-of-use asset whereas an operating lease does not require so

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