Operating leases often have terms that include

Question

Quizplus · Accepted Answer

Operating leases typically include maintenance of the equipment by the lessor, which is a key differentiator from financial leases. Option B is incorrect as operating leases do not involve full amortization over the life of the lease. Option C is also incorrect as penalties for early termination of an operating lease are typically lower than for financial leases. Option D is not typically a term included in operating leases, and option E is not necessarily true as lease periods can vary for both operating and financial leases.

Operating Leases Often Have Terms That Include