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