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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 20: Accounting for Leases
  5. Question
    Control Over the Underlying Asset in a Lease Means Directing
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Control Over the Underlying Asset in a Lease Means Directing

Question 81

Question 81

True/False

Control over the underlying asset in a lease means directing its use and obtaining substantially all economic benefit.

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