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Operating leases Question 14 options: are, in essence, the acquisition of an asset using debt. are reported on the balance sheet as an intangible asset.

Operating leases

Question 14 options:

are, in essence, the acquisition of an asset using debt.

are reported on the balance sheet as an intangible asset.

allow companies to take advantage of various tax benefits.

have a lease term of one year or less.

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