An operating lease is often referred to as:
I. service lease
II. maintenance lease
A) I only
B) II only
C) Both I and II
D) Neither I nor II

Name: An operating lease is often referred to as: I. service lease II. maintenance lease A) I only B) II only C) Both I and II D) Neither I nor II
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An operating lease is often referred to as both a service lease and a maintenance lease because it typically includes services like maintenance and repairs.

An Operating Lease Is Often Referred to As