Question: TB MC Qu . 1 5 - 2 0 ( Static ) One of the five criteria for a finance lease... One of the five

TB MC Qu.15-20(Static) One of the five criteria for a finance lease...
One of the five criteria for a finance lease specifies that the present value of the lease payments be equal to or greater than:
Multiple Choice
substantially all of the cost of the asset.
the major part of the fair value of the asset.
substantially all of the fair value of the asset.
the major part of the cost of the asset.
TB MC Qu . 1 5 - 2 0 ( Static ) One of the five

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