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    Intermediate Accounting Study Set 4
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    Exam 22: Accounting Corrections and Error Analysis
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    Initial Direct Costs Are Expensed at the Inception of the Lease
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Initial Direct Costs Are Expensed at the Inception of the Lease

Question 206

Question 206

Essay

Initial direct costs are expensed at the inception of the lease in ________.
A)an operating lease
B)a direct financing lease
C)a sales-type lease
D)a capital lease

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