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Exercising an option under ASC 842, Deciding if you should exercise an option

Am I Reasonably Certain to Exercise an Option under ASC-842? How to Know

Exercising an option under ASC 842, which is the accounting standard for lease accounting in the United States, depends on various factors. ASC 842 requires organizations to recognize lease assets and liabilities on the balance sheet. This includes guidance on how to account for these leases. How can you be reasonably certain to exercise an option?

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