Explain the concept of a capital lease versus an operating lease.

Easy difficulty

Easy questions are your warm-up, designed to build confidence and ease you into the interview process. Think of them as a way to showcase your fundamental skills and basic knowledge.

Technical question

Technical questions probe into your industry-specific knowledge and skills. They require precise answers and are an opportunity to show your expertise and practical abilities in your field.

Here's a hint

To answer this question, clearly define both types of leases. Emphasize the main distinctions, such as ownership and financial treatment. Use examples to illustrate your points and show your understanding of when each lease type is appropriate.

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