please answer all the questions immediately thankyou

17. Which of the following is true with regards to an operating lease? (1 Point) The depreciation of the underlying asset is debited in the books of the lessee Lease liability account is credited in the books of the lessee The lessor shall recognize a depreciation expense in relation to the underlying asset The lessor may classify the lease contract as a sales-type lease and record a corresponding sales revenue - 18. At commencement date, a lessee shall recognize a right-of-use asset and a lease liability. Why? 1. Because at the start of a lease a lessee obtains the right-of-use asset for a period of time and, if payments are made over time incurs a liability to make lease payments II. Because the absence of information about leases on the balance sheet meant that investors and analysts were not able to properly compare companies that borrow to buy assets with those that lease assets, without making judgements (1 Point) Both I and II I only Neither linor!! Olony 19. What amount is accrued as a provision involving a single obligation? * (1 Point) Minimum estimated amount Maximum estimated amount Best estimate Median between the minimum and maximum amounts 20. ABC Company purchased a three-month treasury bill. The company's is to treat as cash equivalents all highly liquid investments with an original maturity of three months or less when purchased. How should this purchase be reported in the statements of cash flows? * (1 Point) As an outfiow from investing activities As an outfiow from financing activities As an outfiow from operdting activities Not reported 5. Which statement is incorrect regarding intangible assets? (1 Point). O An intangible asset shall be measured initially and subsequently at cost Intangible assets are identifiable non-monetary assets without physical substance The recognition of an item of as an intangible asset requires an entity to demonstrate that the item meets the definition of an intangible asset and the criteria for recognition Intangible assets are presented as a separate line item in the statement of financial position