Why Do Accountants Feel the Need to Differentiate Between Operating

question 81

Essay

Why do accountants feel the need to differentiate between operating leases and financial leases?

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Definitions:

Apiary

A location where beehives are kept for the production of honey.

Apple Orchard

A type of farm where apple trees are cultivated primarily for the production of apples.

Honey

A sweet, viscous food substance produced by bees and some other insects from the nectar of flowers.

Apples

A sweet, edible fruit produced by an apple tree, typically round in shape and available in many varieties.