Operating Leases Often Have Terms That Include

question 27

Multiple Choice

Operating leases often have terms that include

• A) maintenance of the equipment by the lessor.
• B) full amortization over the life of the lease.
• C) very high penalties if the lease is cancelled.
• D) restrictions on how much the leased property can be used.
• E) much longer lease periods than for most financial leases.

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Definitions:

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