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:

Long-term Depression (LTD)

A reduction in the effectiveness of neuronal synapses lasting hours or longer following a long patterned stimulus, contributing to the inverse process of synaptic strengthening.

Synaptic Effectiveness

The ability of synapses (junctions between two neurons) to efficiently transmit signals from the presynaptic neuron to the postsynaptic neuron.

Electrical Stimulation

Passage of an electrical current from the uninsulated tip of an electrode through tissue, resulting in changes in the electrical activity of the tissue.

Neural Circuit

A network of neurons interconnected by synapses, forming a pathway for signals to travel and process information within the nervous system.