Which statement about the differences between operating, Ask an Expert

Finance

Which statement about the differences between operating leases and financial (Capital) leases is FALSE?

a. Under financial leases, the lessee usually pays for maintenance.

b. Operating leases are short term

c. Financial leases must be reported on the balance sheet

d. Under operating leases, the lessee usually keeps the asset after the lease ends

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92077168

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