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    Intermediate Accounting Study Set 7
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    Exam 18: Extension: Ol Accounting for Leases Current Standard
  5. Question
    On the Books of a Lessee, a Lease May Be
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On the Books of a Lessee, a Lease May Be

Question 70

Question 70

Multiple Choice

On the books of a lessee, a lease may be classified as either ________.


A) direct financing or sales-type
B) capital or direct financing
C) direct financing or operating
D) capital or operating

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