Under IFRS 16, the Lessee Uses the Rate Implicit in the Lease

Multiple Choice

Under IFRS 16, the lessee uses the rate implicit in the lease to calculate leases; under ASPE,

A) the same treatment is used.
B) the lower of the lessee's incremental borrowing rate and the rate implicit in the lease is used.
C) the higher of the lessee's incremental borrowing rate and the rate implicit in the lease is used.
D) the incremental borrowing rate is used.