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    Accounting Principles
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    Exam 15: Long-Term Liabilities
  5. Question
    The Lessee Has Substantially All of the Benefits and Risks
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The Lessee Has Substantially All of the Benefits and Risks

Question 118

Question 118

Multiple Choice

The lessee has substantially all of the benefits and risks of ownership in a(n)


A) apartment lease.
B) capital lease.
C) operating lease.
D) operating lease and a capital lease.

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