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An operating lease's usual characteristics are: A.not fully amortized, lessor maintains equipment and there is a cancellation clause. B.not fully amortized, lessor maintains equipment and
An operating lease's usual characteristics are:
A.not fully amortized, lessor maintains equipment and there is a cancellation clause.
B.not fully amortized, lessor maintains equipment and there is not acancellation clause.
C.fully amortized, lessor maintains equipment and there is a cancellation clause.
D.fully amortized, lessee maintains equipment and there is not cancellation clause.
E.fully amortized, lessee maintains equipment and lessee can acquire assets at end of lease for fair market value.
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