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    Core Concepts of Accounting
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    Exam 7: Liabilities
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    Both US GAAP and IFRS Provide Specific Criteria for a Capital
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Both US GAAP and IFRS Provide Specific Criteria for a Capital

Question 97

Question 97

True/False

Both U.S. GAAP and IFRS provide specific criteria for a capital lease, although the criteria are not the same.

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