Which of the Following Statements Is Not True? I) the Lessee

question 14

Multiple Choice

Which of the following statements is not true? I) The lessee does not have to buy the equipment
II) The lessee is responsible for making the lease payments
III) The lease payments are not tax-deductible
IV) The lessee gives up the depreciation tax shield

• A) I only
• B) II only
• C) III only
• D) I, II, and IV only

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