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According to AASB 117 Leases,the Payments Made Under a Finance

Question 7

Multiple Choice

According to AASB 117 Leases,the payments made under a finance lease over the lease term must be divided and allocated into four components.Which of the following is NOT one of the relevant components?


A) Reduction of the lease liability.
B) Interest expense incurred.
C) Reimbursement of lessor costs.
D) Receipt of lease incentives.

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