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Which of the Following Is Not a Required Disclosure by a Lessor

Question 111

Multiple Choice

Which of the following is not a required disclosure by a lessor of a sales-type lease?


A) the guaranteed residual value accruing to the benefit of the lessor
B) total contingent rentals included in revenue for the period
C) unearned income
D) a general description of the lessor's leasing arrangements

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