Question
According to the former accounting standard AASB 117, if a lease transfers ownership of the property to the lessee, or contains a bargain purchase option,
According to the former accounting standard AASB 117, if a lease transfers ownership of the property to the lessee, or contains a bargain purchase option, and the lease is non-cancellable then this is consistent with the lease being an operating lease.
True
False
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
