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25. Perez Corporation, a public company, signs a 7-month lease for a low-value office equipment item. Perez can record this lease as: a. Must be

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25. Perez Corporation, a public company, signs a 7-month lease for a low-value office equipment item. Perez can record this lease as: a. Must be recorded as an operating lease. b. May be recorded as either an operating or finance lease. c. Must be recorded as a finance lease. d. Must be recorded as a right-of-use asset

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