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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 9: Liabilities and Sources of Financing
  5. Question
    A Major Discriminator Between an Operating Lease and a Finance
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A Major Discriminator Between an Operating Lease and a Finance

Question 70

Question 70

True/False

A major discriminator between an operating lease and a finance lease is whether the risks and rewards of ownership have been substantially transferred to the lessee.

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