Which of the following is an advantage that may make leasing more attractive than ownership of an asset?
A)fixed payments
B)conservation of cash
C)financial reporting advantages
D)all of the above

Question

Quizplus · Accepted Answer

A) Leasing often involves fixed payments over a set period of time, which can be advantageous for budgeting purposes.
B) Leasing allows for cash to be conserved as the lessee does not have to pay the full cost upfront as they would with ownership.
C) In some cases, leasing may provide financial reporting advantages such as off-balance sheet financing. Combined, these advantages make leasing a potentially attractive option over ownership.

Which of the Following Is an Advantage That May Make