Looking for the answer to the question below related to Financial Management?

One difference between Operating and Financial lease is:

 Options:

A. There is often an option to buy in operating lease
B. There is often a call option in financial lease
C. An operating lease is generally cancelable by lease
D. A financial lease in generally cancelable by lease

 

The Correct Answer Is:

  • C. An operating lease is generally cancelable by lease

 

Conclusion

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