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    Intermediate Accounting Study Set 2
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    Exam 15: Leases
  5. Question
    Distinguishing Between Operating and Finance Leases Is Due in Large
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Distinguishing Between Operating and Finance Leases Is Due in Large

Question 195

Question 195

Multiple Choice

Distinguishing between operating and finance leases is due in large part to the accounting concept of:


A) Conservatism.
B) Materiality.
C) Substance over form.
D) Historical cost.

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