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    Financial Accounting Information for Decisions
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    Exam 10: Reporting and Analyzing Long-Term Liabilities
  5. Question
    GAAP Criteria for Identifying a Lease as a Capital Lease
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GAAP Criteria for Identifying a Lease as a Capital Lease

Question 92

Question 92

True/False

GAAP criteria for identifying a lease as a capital lease are more general than the criteria under IFRS.

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