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    Business
  3. Study Set
    Financial Accounting IFRS Study Set 1
  4. Exam
    Exam 15: Accounting and Financial Reporting for Contingent Liabilities and Leases
  5. Question
    A Finance Lease Requires the Lessee to Record the Lease
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A Finance Lease Requires the Lessee to Record the Lease

Question 133

Question 133

True/False

A finance lease requires the lessee to record the lease as a purchase of an asset.

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