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Which of the following statements about a lease is false if a lease classification criterion is met? A. The lessee amortizes right-of-use asset. OB. A
Which of the following statements about a lease is false if a lease classification criterion is met? A. The lessee amortizes right-of-use asset. OB. A sales-type lease is a form of financing. C. The lessor records a leased asset. D. The lessor capitalizes the net investment in the lease. Which of the following lease payments is not classified as an outflow from operating activities on the statement of cash flows? A. The interest portion of a payment for a sales-type lease. B. Payments for operating leases. C. Payments for short-term leases. D. The principal portion of a payment for a finance-type lease
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