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Exam Code: ESRS-Professional Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Wählen Sie für jede der folgenden Aussagen Ja aus, wenn die Aussage wahr ist. Andernfalls wählen Sie Nein. HINWEIS: Jede richtige Auswahl ist einen Punkt wert.

Answer:
Explanation:



NEW QUESTION: 2



A. Option B
B. Option C
C. Option D
D. Option A
Answer: B,D

NEW QUESTION: 3
A lessee has leased a corporate building for 7 years and has classified it as a capital lease. The collectability of the lease payments is reasonably predictable and no important uncertainties surround the amount of unreimbursable costs to be incurred by the lessor under the lease. There are no manufacturing or dealer profits involved in the deal nor has the lessor levered it.
The lessor must classify the deal as:
A. a sales-type lease.
B. a capital lease.
C. a direct-financing lease.
Answer: C
Explanation:
If the lessee classifies the lease as a capital lease, then the lessor's classification depends on whether the following two additional conditions are satisfied:
The collectability of the lease payments is reasonably predictable.
*
No important uncertainties surround the amount of unreimbursable costs to be incurred by the lessor
*
under the lease.
If both these conditions are met, then the lease is a "sales-type lease" if there are manufacturing or dealer profits involved in the deal and is a "direct-financing lease" otherwise. If either of these conditions is not satisfied, the lessor must classify the lease as operating lease even if the lessee classifies as a capital lease.


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