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Lease

Hhuma8y ago
Sir there is a past paper question that describe the process that would be undertaken to decide whether to lease or buy an asset for long term investment. Sir, here by lease they mean to ask operating lease or finance lease?
John MoffatJohn MoffatTutor8y ago#1
Financing lease. Although for this decision it doesn't really make any difference. The main difference is the presentation in the financial statements, but that is irrelevant for Paper F9 and the decision making.
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