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The Lessor retains the leased asset on its Balance Sheet under an Operating Lease arrangement but not under a Finance (or Capital) Lease arrangement. True

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The Lessor retains the leased asset on its Balance Sheet under an Operating Lease arrangement but not under a Finance (or Capital) Lease arrangement. True False - 10 points A Defined BENEFIT Pension Plan does not impact a Company's BALANCE SHEET, but a Defined CONTRIBUTION Pension Plan does impact the Company's BALANCE SHEET. True False

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