Under IFRS,assuming All Information Is Available,which Rate Is Used by the Lessee

question 4

Multiple Choice

Under IFRS,assuming all information is available,which rate is used by the lessee in the minimum lease calculation?

• A)Implicit borrowing rate.
• B)Lessee's incremental borrowing rate.
• C)Lower of the incremental and implicit rate.
• D)Either the incremental or implicit rate.

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