Q.
1
a. Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee
b. Lease transactions in India are governed by the Lease Act
c. A lessee should evaluate the lease options against the buying option
d. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset
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A
a & d
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B
b, c & d
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C
Only b
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D
a, c & d