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Based Solely Upon the Following Sets of Circumstances,indicate Below Which

Question 17

Multiple Choice

Based solely upon the following sets of circumstances,indicate below which set gives rise to a sales type or direct financing lease of a lessor,under SFAS No.13: Transfers Contains
Ownership bargain
By end of purchase
Lease? Provision?


A) No Yes
B) Yes No
C) Yes Yes
D) No No

Correct Answer:

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