Q763
Which of the following statements is/are true? 1. Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee. 2. Lease transactions in India are governed by the Lease Act. 3. A lessee should evaluate the lease options against the buying option. 4. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset. Choose the correct answer from the options given below:
A.
1, 3 and 4
AnswerB.
Only 2
C.
2, 3 and 4
D.
1 and 4
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board