Which of the following is not true about financial leases and the firms that use them?
A) Primary motivation is to obtain financial benefits
B) Usually they are long term
C) Most often used when firm wants freedom/flexibility
D) Length is usually shorter than the life of the equipment
E) Many financial leases are non-cancelable
Correct Answer:
Verified
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Q23: Which of the following is not true
Q24: The sourcing team for capital equipment must
Q25: Which of the following is not one
Q26: Which of the following is usually not
Q27: Which of the following is usually not
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