Lessor is:
Answer(s): B
An entity that negotiates the use of another's asset via a lease is called Lessee.
Answer(s): A
A lease that lasts shorter than the useful life of the leased asset, typically one year or less and can be canceled any time without penalty refers to:
Answer(s): C
A lease that lasts for an extended period, up to the life of the leased asset and cannot be cancelled without penalty refers to:
Answer(s): D
Post your Comments and Discuss Financial CHFP exam with other Community members:
Mohammed commented on September 26, 2024 Absolutely grateful for this exam dumps. Passed on the first set down. France upvote
Phil commented on September 26, 2024 Hi @kg I feel you. Based on my experience, the questions are valid but some of the answers were not accurate. So I managed to study and kinda figure these answers. For me the accuracy of the questions were more important and I saw most of them in the exam. Anonymous upvote
Madhan commented on September 26, 2024 Useful questions INDIA upvote
Owol Sentmi commented on September 26, 2024 great Questions Anonymous upvote
Noha commented on September 26, 2024 Feeling very confident now. Went over the free questions here then decided to buy the full PDF and test engine with the sale price and now ready to write my test. Will share my experience next week after I go for my exam. Wish me luck guys. UNITED STATES upvote
Baylis commented on September 26, 2024 I am certified now. Thank you team. UNITED STATES upvote
Our website is free, but we have to fight against bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the CHFP content, but please register or login to continue.