A Bargain Purchase Option Is a Good Indicator That an Arrangement

question 21

True/False

A bargain purchase option is a good indicator that an arrangement should be accounted for as an operating lease.

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Definitions:

Computerized Translation Tools

Software or online services that automatically translate text from one language to another.

Automated Translation

The use of software to convert text or speech from one language to another without human intervention.

Idiomatic Phrases

Phrases that mean more than the sum of their literal parts; such phrases can be difficult for nonnative speakers to understand.

Literal Parts

The components of a text or statement that are understood in their primary, explicit meaning without interpretation.