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Which One of the Following Is Not Considered a Criteria

Question 82

Multiple Choice

Which one of the following is not considered a criteria to capitalize a lease?


A) The lease contains a bargain purchase option.
B) The lease transfers ownership at the end of the lease term.
C) The lease term is more than 75% of economic life of the property.
D) The present value of minimum lease payments is less than 90% of the fair market value of the asset.

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