When accounting for an operating lease,interest expense is recognized over the lease term by the lessee.

Name: When accounting for an operating lease,interest expense is recognized over the lease term by the lessee.
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In an operating lease, the lessee typically recognizes a single lease expense on a straight-line basis over the lease term, rather than separating the expense into interest and depreciation components as done in finance leases.

When Accounting for an Operating Lease,interest Expense Is Recognized Over