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A lease which is generally not cancellable and covers full economic life of the asset is known as ?

<p><strong>(a) Sale and leaseback,</strong></p> <p><strong> (b)Operating Lease</strong></p> <p><strong>(c)Finance Lease,</strong></p> <p><strong> (d)Economic Lease</strong></p> <p> </p>

Accounting Cost Accounting Financial Management
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/19
Upvote (4) Views (5) Followers (7) Answers (5) Report Question
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Khaleel M A
by Khaleel M A , finance manager , Al Ahlia Heavy Vehicles Selling & Import Co.

C

Muhammad Hassaun
by Muhammad Hassaun , Shared Services Lead , M&P Express Logistics (Pvt.) Ltd.

C: Financial Lease, 

 

Tanveer Qureshi
by Tanveer Qureshi , Qureshi Associates , Qureshi Associates

Option C is appropriate answer.

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

(c)Finance Lease,

rene salimbot
by rene salimbot , Warehouse Supervisor , daelim philippines imcorporated

SALE AND LEASEBACK

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