Operating leases are examples of off‑the‑balance‑sheet financing.​   True or False?

IFRS distinguishes between sales-type and direct financing leases for lessors. True or False

Sub: Accounting

What type(s) of leases result in an asset and a liability on the balance sheet? Select one: A. Operating Leases * B. Finance Leases C. Both Operating and Finance Leases D. Neither Operating and Finance Leases

What would be the advantages and disadvantages of leasing assets instead of owning them? How would the financial statements be different in a leasing situation (for both operating leases and finance leases) for the lessee? What about the lessor (including all of the types)? What disclosures should be made by lessees and lessors related to future lease payments?

What are the differences between a direct-financing and a sales-type lease for a lessor? Why would a lessor provide direct-financing to a lessee? What types of organizations provide direct-financing leases?

In a financing lease, “front loading” of lease expense and lease revenue occurs. What does this mean, and how is it avoided in an operating lease?

Financial Institutions have Off-Balance-Sheet acitivities mainly (Commitment Loans; Letter of Credits; Loans slold, and Derivative contracts). What are the potential advantages and risks exposed of these activities?

Accounting problem

Which