IFRS 16 Leases Advanced + c deloitteifrslearning.com/media/modules/12f80fe8/sco/story_html5.html IFRS 16 Leases Advanced Deloitte. Final Assessment The Marine Group enters into a contract for the use of a specialized submarine for a ten year period. The Marine Group decides where and when the submarine will travel, subject to restrictions specified in the contract. Those restrictions prevent the Marine Group from submerging the submarine to depths over 1,000ft. Does The Marine Group have the right to direct the use of the asset? Select the one correct option and then select Submit. Q. Yes. The contractual restrictions are protective rights of the supplier which define the scope of The Marine Group's right to use the submarine. Yes. The Marine Group has the ownership of the submarine as it decides where and when the submarine will travel. No. The contractual restrictions prevent The Marine Group from submerging the submarine to depths over 1,000ft and therefore limit its right to direct the use of the submarine. No. Any contractual restrictions in the use of the asset specified in the contract will limit the right of the lessee to direct the use of the asset. Submit c :: Type here to search o - a 5:03 PM 2/8/2021