Under ASPE, Assuming All Information Is Available, Which Rate Is

question 26

Multiple Choice

Under ASPE, assuming all information is available, which rate is used by the lessee in the lease present value calculations?

• 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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