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For operating leases, which DMLSS Inventory Gain transaction will be used?

A) OG - Operating Gain
B) LG - Lease Gain
C) EG - Equipment Gain
D) CG - Capital Gain

User PRiera
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1 Answer

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Final answer:

For operating leases in the DMLSS system, the correct inventory gain transaction is OG - Operating Gain, which is used to record increases in inventory related to leases.

Step-by-step explanation:

To address the question, for operating leases, which DMLSS Inventory Gain transaction will be used?, we must look into the standard inventory transaction codes within the Defense Medical Logistics Standard Support (DMLSS) system, especially as they pertain to the accounting of leased equipment and property. The correct DMLSS transaction code to be used for recording inventory gains deriving from operating leases is OG - Operating Gain.

This transaction is specifically designed to reflect an increase in the inventory without purchase, which may occur in operating lease scenarios where the leased asset is returned or identified differently in inventory due to the lease conditions. It is important to note that options B) LG - Lease Gain, C) EG - Equipment Gain, and D) CG - Capital Gain are not used for this purpose in the context of operating leases.

User Damien Cassou
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