The five criteria provided in GAAP for distinguishing a finance lease from an operating lease do not include:

a) The agreement specifies that ownership transfers at the end of the lease term.
b) The collectibility of the lease payments must be reasonably predictable.
c) The agreement grants the lessee an option to purchase the underlying asset that the lessee is reasonably certain to exercise.
d) The noncancelable lease term is for the major part of the remaining economic life of the leased asset.

answercold,maybe nuclear war;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.