Why Do the Supporting Indicators for Lease Classification Use "Major

question 61

Essay

Why do the supporting indicators for lease classification use "major part" and "substantially all" rather than "all" in reference to the amount of time and value contained in the lease?

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Definitions:

Competes

Refers to the action of taking part in an event or contest with the aim to win against others.

Keirestu

A network of Japanese companies organized around a bank or a major manufacturing company, known for their close interrelations and support.

Multinational Companies

Corporations that operate and have assets and facilities in several countries outside of their headquarters' home country, participating in global trade and economy.

Local Companies

Businesses that operate within a specific regional or community area, often catering to the local population.