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An overview of research on managerial succession over a recent twenty year period shows that:
Lease Accounting
The process of recording and reporting financial transactions related to leases in the company's financial statements, following specific accounting standards.
U.S. GAAP
United States Generally Accepted Accounting Principles, a set of accounting rules and standards used in the United States for preparing financial statements.
Operating Leases
An agreement that allows for the use of an asset but does not grant ownership rights of the asset to the lessee.
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