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Business, 15.04.2020 19:16 Isabe11a

A short-term lease: Multiple Choice Must be accounted for by the short-cut method if using U. S. GAAP. Is defined as having a value of $10,000 or less. Is defined as having a lease term of fifteen months or less. Not required to be accounted for by the short-cut method if using IFRS.

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