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An essential characteristic of operating leases is that: A: the lessor is able to use the asset without directly incurring the risks of ownership. B:

An essential characteristic of operating leases is that:
A: the lessor is able to use the asset without directly incurring the risks of ownership.
B: the lessor is responsible for insuring the asset and maintaining it.
C: they are usually short term.
D: the lessee is able to use the asset without directly incurring the risks of ownership.

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