please answer all the questions immediately thankyou

41. Which is true regarding one of the criterions for finance lease recognition? (1 Point) The present value at the beginning of the lease term of the lease payments equal or exceeds 90% of the fair value of the underlying asset The present value at the beginning of the lease term of the lease payments equal or exceeds 50% of the fair value of the underlying asset The lease term be equal to or greater than 90% of the life of the underlying asset The lease term be equal to or greater than the estimated life of the underlying asset 42. Which ONE of the following statements best describes the term 'liability? on (1 Point) Resources to meet financial commitments as they fal, due An excess of equity over current assets The residual interest in the assets of the entity after deducting all its liabilities IN A present obligation of the entity ansing from past events 43. Which of the following is not a component of lease payments? * (1 Point) Variable lease payments Residual value guarantee of the lessee Leasehold improvement Fixed amount lease payments 44. A right of use asset is initially measured at (1 Point) Cost Current cost Fair value Present value of cash flows 45. As a rule of thumb, "possible" means the probability is less than or equal to 50%. * (1 Point) TRUE FALSE