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According to AASB16, a contract is, or contains, a lease under what circumstance(s)? If it involves one party relinquishing ownership of an asset If it
According to AASB16, a contract is, or contains, a lease under what circumstance(s)?
If it involves one party relinquishing ownership of an asset
If it results in an increment in the equity of the lessor entity
If it leads to an increase in expenses of the lessee entity for more than one reporting period
If it conveys the right to control the use of an identified asset for a period of time in exchange for consideration
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