can i get references for this Operating Leases: Under these types of leases, the lessee rents an asset for a very little time $($less than the asset's useful life$)$ and then returns it$.$ After the terms of the agreement are fulfilled, the lessee does not obtain the asset. Although the lessee does not assume ownership risks like maintenance or obsolescence, he is nonetheless responsible for payments during the leasing time. Typically, operating leases are used for assets like cars or office supplies.$$ Finance leases, sometimes known as capital leases, are agreements where the lessee effectively owns the asset for the duration of the lease.Most of the risks and benefits of ownership are borne by the lessee, including upkeep duties and the chance to buy the asset at the end of the lease for a steep discount. Finance leases usually affect balance for a long time. Combination leases: Designed to meet the unique requirements of the company, these leases combine aspects of financial and operating leases.$$The lessee assumes the majority of the risks and rewards of ownership, including maintenance obligations and the opportunity to purchase the asset at the conclusion of the lease for a significantly reduced price. Finance leases typically have a lengthy impact on balance. Additionally, leasing offers a number of advantages that might help the manager with financial planning. Capital Preservation: By allowing businesses to use non$-$core assets without having to make large upfront financial investments, leasing frees up funds for other options.Predictable Cash Flow: Since lease payments are typically fixed, they make it easier for businesses to plan their cash flows.$$Benefits for taxes: Most of the time, leasing payments are deductible as operational expenditures, which lowers taxes.The lessee assumes the majority of the risks and rewards of ownership, including maintenance obligations and the opportunity to purchase the asset at the conclusion of the lease for a significantly reduced price. Leases can be either financial $($long$-$term, with ownership hazards$)$ or operating $($short$-$term, no ownership$).$ They support managers by providing predictable costs, tax advantages, and capital preservation. Look for lease liabilities and expenses in your company's financial accounts. Share data from your organization's lease details and point out any extra benefits or drawbacks in peer answers.