System Analysis Question:
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Which of the following statements, is (are) not true for the lease option:
A. Lease charges are lower than rental charges for the same period and are also tax deductable.
B. Lease may be written to show higher payments is early years to reflect the decline in value of the system
C. Insurance, maintenance and other expenses are included in the rental charge
D. All of the above
E. None of the above
Answer:
C. Insurance, maintenance and other expenses are included in the rental charge
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