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With Respect to Finance Leases,lessors Are Required Under AASB 117

Question 5

Multiple Choice

With respect to finance leases,lessors are required under AASB 117 Leases,to disclose:


A) unguaranteed residual values accruing to the benefit of the lessor.
B) total contingent rents recognised as expense in the period.
C) a general description of the lessee's material leasing arrangements.
D) the aggregate of future minimum lease payments under non-cancellable leases.

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