Multiple Choice
Under ASPE, leases are either capital or an operating lease to a lessee; under IFRS 16,
A) leases are treated the same as under ASPE.
B) all leases are considered operating.
C) all leases are considered capital.
D) all leases are considered capital except for short-term leases and leases of low-value assets.
Correct Answer:
Verified
Correct Answer:
Verified
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