A lease agreement which transfers substantially all the risks and rewards incidental to ownership is called .?

Question

A.finance lease

B. Operating lease

C. A & B both are correct

D. None

sadat ali saadi · Answer

Option a is right. BECAUSE IT IS A FINANCE LEASE.

Habibullah Syed · Answer

A. Finance Lease

Ahmed kandil · Answer

FINANCIAL LEASE IS THE CORRECT ANSWER

Safdar Imam Zaidi · Answer

It is a finance lease which transfers all the risks and rewards of onwership.

AZHAR NAWAZ · Answer

Option A is correct (Finance Lease)

imran Noor - · Answer

The correct option is (A) >>>>>>>>>>>>> Finance lease

Waqas Raza Khan · Answer

Answer is Option A -------- finance lease

Malik Khalid Mahmood · Answer

a - Finance Lease...............

Mir Mujtaba Ali · Answer

A. Finance Lease - the right answer

aziz urrehman · Answer

A.finance lease is the answer as per IAS17

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership.

Example: Vehicle financed on lease.