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    Intermediate Accounting Study Set 7
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    Exam 18: Extension: Ol Accounting for Leases Current Standard
  5. Question
    Under IFRS, the Lessee Must Used the Lessee's Incremental Borrowing
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Under IFRS, the Lessee Must Used the Lessee's Incremental Borrowing

Question 78

Question 78

True/False

Under IFRS, the lessee must used the lessee's incremental borrowing rate in determining the present value of the minimum lease payments.

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