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Which of the following are true of accounting for sale and leaseback under ASC 842? Multiple select question. Revenue recognition under ASC 842 is now

Which of the following are true of accounting for sale and leaseback under ASC 842? Multiple select question.

Revenue recognition under ASC 842 is now consistent with revenue recognition under ASC 606.

ASC 842 made it easier for firms to derecognize assets and record sales.

ASC 842 allows lessees to treat transactions as a sale if they have the option to repurchase the asset at less than fair value.

ASC 842 made it more difficult to derecognize assets and record sales.

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