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    Intermediate Accounting Study Set 7
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    Exam 18: Extension: Ol Accounting for Leases Current Standard
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    Generally, the Lease Term Is the Duration of the Non-Cancellable
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Generally, the Lease Term Is the Duration of the Non-Cancellable

Question 112

Question 112

True/False

Generally, the lease term is the duration of the non-cancellable portion of the lease plus any bargain renewal options.

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