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Question 35 Extra Credit Question: Which of the following criteria is NOT a requirement for classifying a lease agreement as a Finance Lease? O a

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Question 35 Extra Credit Question: Which of the following criteria is NOT a requirement for classifying a lease agreement as a Finance Lease? O a Title of the leased asset transfers to the Lessee at the end of the lease agreement O b. The present value of the lease payments is greater than or equal to 75% of the fair value of the leased asset O c. The agreement contains a Bargain Purchase Option Od. The leased equipment is specialized and has no alternative tuture use Oe. The lease term is greater than or equal to 75% of the Asset's useful economic life

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