A finance lease is defined in AASB 16/IFRS 16 as: Select one: a. a lease that transfers substantially all the risks and rewards inciden Mb. a rental agreement of less than 12 months' duration. c. a lease that is not classified as an operating lease. d. a lease that does not transfer substantially all the risks and rewar If the assets of a foreign operation exceed its liabilities, and the value of the Australian dollar falls relative t- of the foreign operations, there will be: Select one: a. a debit to the foreign currency translation expense'. b. a debit to the foreign currency translation reserve! c. a credit to the foreign currency translation reserve'. d. a credit to 'foreign currency translation revenue'. The net assets of a foreign operation at 30 June 2025 are constituted as assets of US5400 000 and abilities of US$250 000 The parent entity purchased the foreign subsidiary on 1 July 2022. Exchange rate information is as follows: July 2022 US$1.00 = A$1.6949 1 July 2024 US$1.00 = A$ 1.7857 30 June 2025 US$1.00 = A$1.9231 The foreign operation has not traded during the year ended 30 June 2025, so the net assets remained unchanged during the period. What is the parent entity's foreign currency exposure with respect to net assets for the year ended 30 June 2025? Select one: a foreign exchange loss A$6 002 b. foreign exchange gain A$20 610 c. foreign exchange gain A$197 185 d. foreign exchange gain A$342 310