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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 20: Accounting for Leases
  5. Question
    Lease Accounting Rules May Apply If an Arrangement or Contract
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Lease Accounting Rules May Apply If an Arrangement or Contract

Question 92

Question 92

True/False

Lease accounting rules may apply if an arrangement or contract does not explicitly state that it is a lease.

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