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Under IFRS 16, the lessee uses the rate implicit in the lease to calculate leases; under ASPE, A) the same treatment is used. B) C)
Under IFRS 16, the lessee uses the rate implicit in the lease to calculate leases; under ASPE, A) the same treatment is used. B) C) the lower of the lessee's incremental borrowing rate and the rate implicit in the lease is used. the higher of the lessee's incremental borrowing rate and the rate implicit in the lease is used. D) the incremental borrowing rate is used
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Acca Financial Reporting
Authors: BPP Learning Media
1st Edition
1509784888, 978-1509784882
