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Understanding Finance Lease Remeasurement: When the Lease Term Changes
finance lease net investment remeasurement lease term noncancellable period
The net investment in a finance lease is remeasured if _________ is revised such that there is a change in the noncancellable period of the lease. What is the missing term? A purchase option The implicit interest rate The lease term The lease payment

The net investment in a finance lease is remeasured if the lease term is revised such that there is a change in the noncancellable period of the lease.

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