Leases of short-term assets are capital leases,and leases of long-term assets are operating leases.

Name: Leases of short-term assets are capital leases,and leases of long-term assets are operating leases.
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Leases of short-term assets usually fall under operating leases, while leases of long-term assets are often classified as capital leases. The classification of a lease as either capital or operating depends on factors such as lease term, ownership transfer, and the present value of lease payments.

Leases of Short-Term Assets Are Capital Leases,and Leases of Long-Term