please answer all the questions immediately thankyou

16. It is an event that creates a legal or constructive obligation because the entity has no other realistic alternative but to settle the obligation.* (1 Point) Non-adjusting event Event after reporting period Obligating event Adjusting event LR 17. A contingent asset is not* (1 Point) W Disclosed where in an inflow of economic benefits is probable. Disclosed where an inflow of economic benefits is remote. No longer contingent if the realization of income is virtually certain Not recognized in the financial statement because this is may result in the recognition of income that may never be realized. 18. Lease payment made to lessor on commencement date is not a component of cost of right of use asset. (1 Point) TRUE FALSE 19. In all cases, a lessee shall subsequently measure the right-of-use asset by applying the cost model. Du (1 Point) TRUE FALSE 20. Which is not true under PFRS 16?m (1 Point) The lease payments include fixed lease payments A right of use asset is initially recorded at cost A short-term lease is defined as a lease with term of 12 months or less A lease liability is measured at har value of the underlying asset