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Which of the following is not a criteria that would result in a lease being classified as a financing lease? Select one: a . Transfer
Which of the following is not a criteria that would result in a lease being classified as a financing lease?
Select one:
a Transfer of ownership at the end of the lease term
b Lease term is for the major part of the remaining economic life of the underlying asset
c Present value of the sum of all lease payments is material
d Inclusion of bargain purchase option in the lease agreement
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