Under IAS 17,operating Leases Require the Following Disclosures by Lessees

question 36

Multiple Choice

Under IAS 17,operating leases require the following disclosures by lessees:

• A)the total of future minimum sublease payments expected to be received under non-cancellable subleases at the statement of financial position date.
• B)a general description of the lessee's significant leasing arrangements.
• C)No disclosures are required as operating leases are expensed each year.
• D)the total of future minimum sublease payments expected to be received under non-cancellable subleases at the statement of financial position date and a general description of the lessee's significant leasing arrangements.

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Definitions:

Species Diversity

The variety and variability of species within a specific region, ecosystem, or the planet, often used as a measure of the health and complexity of ecological systems.

Originations

The point or process where something begins or is created, often used in the context of biological species or evolutionary developments.

Extinctions

The end of an organism or group of organisms, typically a species, resulting in its disappearance from the Earth.

Turnovers

Events in ecological or evolutionary contexts where one species or group of species is replaced by another in a habitat, often due to environmental changes.