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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 20: Accounting for Leases
  5. Question
    The Existence and Term of Renewal or Purchase Options and Escalation
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The Existence and Term of Renewal or Purchase Options and Escalation

Question 95

Question 95

True/False

The existence and term of renewal or purchase options and escalation clauses are disclosed for capital leases only.

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