In Order to Further Understand Capital Cost Allowance (CCA),________ of Exempt

question 42

Multiple Choice

In order to further understand Capital Cost Allowance (CCA) ,________ of exempt assets are referred to as ________ and other leases are referred to as non-tax leases.

• A) operating leases and financial leases; true tax leases
• B) temporary leases and capital leases; true tax leases
• C) long-term leases and financial leases; true tax leases
• D) capital leases and financial leases; true tax leases

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