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Which of the following criteria is NOT a requirement for classifying a lease agreement as a Finance Lease? O a. The present value of the
Which of the following criteria is NOT a requirement for classifying a lease agreement as a Finance Lease? O a. The present value of the lease payments is greater than or equal to 75% of the fair value of the leased asset Ob. The lease term is greater than or equal to 75% of the Asset's useful economic life O c. The leased equipment is specialized and has no alternative future use Od. The agreement contains a Bargain Purchase Option e Title of the leased asset transfers to the Lossee at the end of the lease agreement
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