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Under ASPE criteria, under leasing agreement which of the following concept exists if the lessee will exercise the right to purchase the asset because the
Under ASPE criteria, under leasing agreement which of the following concept exists if the lessee will exercise the right to purchase the asset because the price is significantly lower than the asset fair value at that time?
a.
Bargain Renewal Option (BRO)
b.
Operating lease
c.
Finance lease
d.
Bargain Purchase Option (BPO)
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