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Under FASB Topic 842 lease guidance, which of the following is correct regarding initial direct costs? O Initial direct costs are expensed for operating leases.
Under FASB Topic 842 lease guidance, which of the following is correct regarding initial direct costs? O Initial direct costs are expensed for operating leases. O Lessees and lessors will apply different definitions of initial direct costs. O Lessees and lessors cannot have different initial direct costs for the same lease. O Only incremental costs will qualify as initial direct costs
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