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Home / My Courses / ACC211_6387_2021-2022_2NDSEM-SEM_CAE / Week 15 to 16- 7th Exam Coverage / Quiz Finance Lease - Lessee

Question 8
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    A lessee with a lease containing a purchase option


that is reasonably certain to be
exercised should depreciate the right of use
asset over

Select one:
a.     Useful life of the asset or lease term, whichever is
longer

b.     Useful life of the asset or lease term, whichever is


shorter

c.
    Useful life of the asset

d.     Lease term

Clear my choice

Time left
0:55:31

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