One difference between a financial lease and operating lease is that：（ ） A:  there is an often a call option in a financial lease. B:  there is often an option to buy in an operating lease. C:  an operating lease is often cancellable by the lessee. D:  a financial lease is often cancellable by the lessee.

For short term lease, the lessee may choose not to recognize the right-of–use asset and lease liability.

______ is used for hiring equipment and consumer durables. It can usually be terminated at the lessee’s discretion, and generally do not appear on the balance sheet. 注：英文答题。