If an operational lease is capitalized and disclosed on a company's financial statements, the presentvalue of all remaining lease payments is calculated and entered as an asset termed "Assets underlease", while a corresponding liability is entered as "Obligations under lease".

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This statement is correct. When an operational lease is capitalized and disclosed on a company's financial statements, the present value of all remaining lease payments is entered as an asset termed "Assets under lease", while a corresponding liability is entered as "Obligations under lease". This reflects the amount of future lease payments that the company has committed to making under the terms of the lease agreement.

If an Operational Lease Is Capitalized and Disclosed on a Company's