For the lessee to account for a lease as a finance lease, the lease must meet: Multiple Choice Any two of the criteria specified by GAAP regarding accounting for leases. All five of the criteria specified by GAAP regarding accounting for leases. Any one of the six criteria specified by GAAP regarding accounting for leases. Any one of the five criteria specified by GAAP regarding accounting for leases.
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Home » Business » For the lessee to account for a lease as a finance lease, the lease must meet: Multiple Choice Any two of the criteria specified by GAAP regarding accounting for leases. All five of the criteria specified by GAAP regarding accounting for leases.