Accounting for Leases Test Bank (Intermediate Accounting)

Accounting for Leases Test Bank and Assessment

This test bank and assessment is covering Accounting for Leases Topic which is covered by Intermediate Accounting Module Students. With the help of this test bank set you will be able to assess your students on this topic. Accounting for Leases Bank Set containing different types of questions such as:

• Multiple Choice questions;
• True/Falls questions;
• Open-ended questions;

Accounting for Leases Test Bank will help you to assess following learning objectives of the students:
• Understand the basic concepts of lease accounting and identify the advantages and disadvantages of leasing.
• Understand lease contracts and determine how to separate lease and non-lease components and how to allocate contract consideration to the various components.
• Classify leases as operating, finance, direct financing, and sales-type.
• Demonstrate the accounting for an operating lease for both the lessee and the lessor.
• Demonstrate lessee accounting for a finance lease.
• Illustrate lessor accounting for sales-type leases.
• Illustrate lessor accounting for direct financing leases.
• Detail the required lease disclosures.

Accounting for Leases Test Bank and Assessment Set contains 168 questions which will fully cover assessment process on this topic and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank for Accounting for Leases is in the WORD format which will let you make any adjustments if required.

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