If two separate companies were each to lease identical capital assets under identical lease terms, the finance

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"If two separate companies were each to lease identical capital assets under identical lease terms, the finance lease criteria used under International Financial Reporting Standards will ensure that each company reports the transaction in the same way."
As a financial statement analyst, would you agree or disagree with this statement? Explain.
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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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