Are there any mistakes to the CFA books? I ask because I am looking at question 16 for Reading 39 and I feel that the question is not clear. It doesn’t say if the company is a lessee or a lessor which makes a big difference to the correct answer. Anyone else notice this or am I just unaware that anyone who uses a lease is automatically a lessee or something in CFA questions?
I don’t know about the particular question that you refer to, but there are definitely errors in the CFA materials. I am sure you have access to the curriculum errata through the Mycfa portal.
Wow I did not know that existed. Thanks!