A lessee wants to apply the recognition exemption available for short-term leases.

How is the short-term recognition exemption applied?

A lessee wants to apply the recognition exemption available for short-term leases, How is the short-term recognition exemption applied? Select the one correct option and then select Submit. By class of underlying asset to which the right of use relates On an asset-by-asset basis Based on a cost-benefit analysis Based on assumptions made by management