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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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    Which of the Following Costs Are Excluded from a Minimum
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Which of the Following Costs Are Excluded from a Minimum

Question 107

Question 107

Multiple Choice

Which of the following costs are excluded from a minimum lease payment?


A) a guaranteed residual value
B) a bargain purchase option
C) executory costs
D) a penalty for failure to renew the lease

Correct Answer:

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