What Is a Requirement for Lease Disclosures Under IFRS

Multiple Choice

What is a requirement for lease disclosures under IFRS?

A) IFRS requires disclosure of the fair value of all leased assets.
B) IFRS requires disclosure of future lease payments for each of the next five years.
C) IFRS requires that lessee companies disclose future lease payments for the first year, the total of years two through five, and the remaining aggregate payments.
D) IFRS requires disclosure of rent expense for the five-year period.