Which of the following statements is/are true?
i. Tax-shield on depreciation and interest is an important variable both for the lessor and the lessee.
ii. Lease transactions in India are governed by the Lease Act.
iii. A lessee should evaluate the lease options against the buying option.
iv. As per AS-19, financial lease is shown in the balance sheet of the lessee as an asset.
A. i and iv
B. i, iii and iv
C. ii, iii and iv
D. Only ii
Answer: Option B
This Question Belongs to Commerce >> Accounting
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