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Question (1 point) Which of the following is NOT a characteristic of an operating lease? Question options: The lease is usually of short duration. The

Question (1 point)

Which of the following is NOT a characteristic of an operating lease?

Question options:

	The lease is usually of short duration.
	The lessee is responsible for insurance, taxes, and upkeep.
	The lease is cancellable on short notice.
	The total lease payments are insufficient to fully recover the cost of the asset.
	The lease is similar to rental expense.

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