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    Auditing A Business Risk Approach
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    Exam 13: Audit of Long-Lived Assets and Related Expense Accounts
  5. Question
    USAccounting Principles Require That Lease Agreements Are Treated as Capital
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USAccounting Principles Require That Lease Agreements Are Treated as Capital

Question 40

Question 40

True/False

U.S.accounting principles require that lease agreements are treated as capital leases if all of the four criteria apply.

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