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Which of the following accounting standards permit(s) companies to apply short-term lease accounting rules to low-value assets? Multiple Choice Both U.S. GAAP and IFRS. U.S.

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Which of the following accounting standards permit(s) companies to apply short-term lease accounting rules to low-value assets? Multiple Choice Both U.S. GAAP and IFRS. U.S. GAAP only. IFRS only. Neither U.S. GAAP nor IFRS

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