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The Lessee's Disclosures Should Include the Future Minimum Rental Payments

Question 5

Multiple Choice

The lessee's disclosures should include the future minimum rental payments as of the date of the latest balance sheet presented, in the aggregate and for a certain number of succeeding fiscal years. This number of years is


A) 5
B) 10
C) 8
D) 7

Correct Answer:

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