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  3. which of the following is an advantage of leasing

Which of the following is an advantage of leasing an asset for the lessee? A....

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Accounting

Which of the following is an advantage of leasing an asset for the lessee?

A. Some leases are not disclosed on the lessee's balance sheet.

B. There are lower overall costs for the asset.

C. The lessee absorbs the risk of obsolescence.

D. Ownership automatically passes to the lessee at the end of the lease.

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