Under AASB 117,operating Leases Require the Following Disclosures by Lessees

question 43

Multiple Choice

Under AASB 117,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 balance sheet 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 balance sheet date and a general description of the lessee's significant leasing arrangements.
• E) The net carrying amount at balance sheet date for each class of asset.

---

Definitions:

Mediatization

The process through which every aspect of society becomes influenced and shaped by the media.

Spin

A form of public relations or propaganda aimed at influencing the interpretation of events or policies to favor a particular perspective or interests.

Public Support

The backing or endorsement by the general population for a person, policy, or initiative.

Non-Controlling Interest

The portion of equity in a subsidiary not attributable directly or indirectly to the parent company, reflecting the minority shareholders' share in the subsidiary's net assets.