In Relation to Finance Leases,the Following Information Must Be Disclosed

question 14

Multiple Choice

In relation to finance leases,the following information must be disclosed separately in the financial statements of lessors:
I Unearned finance income.
II Contingent rents recognised as income in the period.
III The unguaranteed residual values accruing to the benefit of the lessee.
IV The accumulated allowance for uncollectible minimum lease payments receivable.

• A)I,II and IV only
• B)I,III and IV only
• C)II,III and IV only
• D)II and IV only.

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Definitions:

Unconscious Motivations

Drives and desires that influence an individual's behavior without their awareness.

Abnormal Behavior

Actions or patterns of behavior that deviate significantly from the norm or what is considered socially acceptable.

Clinical Psychologists

Professionals who assess, diagnose, and treat mental, emotional, and behavioral disorders, often providing therapy and counseling.

Behavioral Disorders

Patterns of behavior consistently exhibited by individuals that are socially disruptive and inappropriate, often diagnosed in childhood.