MCQ'S
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| 🇬🇧 | 🇬🇧 |
| A Direct lease, a Sale and Leaseback | Financial Lease |
| Lease that include third party | Leveraged Lease |
| Lessor claims depreciation on the asset and the lessee sets of costs of monthly payments as a cost of doing business | Operating Lease |
| It provides a way to indirectly depreciate land | Advantage of Financial Lease |
| It never appear in liability of balancesheet | Advantage of Operating Lease |