A characteristic of an operating lease is that the payments are enough for the lessor to recover the cost of the equipment.

Name: A characteristic of an operating lease is that the payments are enough for the lessor to recover the cost of the equipment.
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In an operating lease, the lease payments are typically not enough to recover the full cost of the asset by the lessor, as the lessor retains ownership and expects to lease the asset again or sell it at the end of the lease term.

A Characteristic of an Operating Lease Is That the Payments