单选题 Which of the following statements about direct financing leases and operating leases is least accurate for a lessor?

A、 Total cash flows are not affected by the accounting treatment of lease.
B、 As compared to an operating lease, a direct financing lease will result in higher operating cash flows.
C、 An operating lease will result in lower earnings in the earlier years of the lease, while the direct lease will result in lower earnings in the later years.

【正确答案】 B

【答案解析】[解析] 对租赁会计处理方法的选择将会对现金流的分类产生影响，但不会对现金流总额产生影响。因此，选项A的阐述正确。
如果选择营业租赁，则所有租金都将被出租人记录为营业现金流入。在直接融资租赁法下，租金将被分摊至利息收入(营业现金流入)和本金减少额(投资现金流入)中。因此，与营业租赁相比，直接融资租赁将导致较低的营业现金流，选项B的阐述不正确。
营业租赁将在较早年份中产生较低的盈余，而直接融资租赁则在较晚年份中产生较低的盈余。因此，选项C的阐述正确。