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1. T F An operating lease is one that meets all of the requirements outlined as the capitalization criteria. 2. T F The lessor must

1. T F An operating lease is one that meets all of the requirements outlined as the capitalization criteria. 2. T F The lessor must expense immediately any costs paid to independent third-parties for things such as appraisal fees, finders fees and cost of credit checks. 3. T F In computing the 75% Test of the Economic Life, you use the physical life as a measure of the life. Please explain if answer is fault

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