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QUESTION 2 If the lessee and lessor use different interest rates to account for a finance/sales-type lease, then . total expenses for the lessee will

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QUESTION 2 If the lessee and lessor use different interest rates to account for a finance/sales-type lease, then . total expenses for the lessee will equal the lessor's total revenues the lessee is unaware of the lessor's implicit rate . the lessee will report more net income for the year IFRS has been violated by at least one party D

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