Which is not an advantage of leasing from a lessee's viewpoint?
A)The asset can be acquired without having to make a substantial down payment.
B)The lease is a way of indirectly making a sale.
C)"Off-balance-sheet financing" may be practiced.
D)The risk of obsolescence may be reduced.

Question

Quizplus · Accepted Answer

Leasing is a way of indirectly making a sale, which is an advantage from the lessor's viewpoint but not from the lessee's viewpoint. The other options are all advantages of leasing from a lessee's viewpoint.

Which Is Not an Advantage of Leasing from a Lessee's