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.

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