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    Financial Management Theory and Practice Study Set 4
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    Exam 19: Lease Financing
  5. Question
    A Company Must Capitalize Any Lease Lasting More Than a Year
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A Company Must Capitalize Any Lease Lasting More Than a Year

Question 8

Question 8

True/False

A company must capitalize any lease lasting more than a year by reporting it on the balance sheets as a liability and as an asset.

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