The lease period in such a contract is less than the useful life of asset. Here we are talking about _______. | Faculties

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Vijay Sangwan

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📊 Financial Management

Q. The lease period in such a contract is less than the useful life of asset. Here we are talking about _______.

(A) Operating or Service Lease
(B) Service Lease
(C) Financial Lease
(D) None of the above

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✅ Correct Answer: (A) Operating or Service Lease

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