With Respect to Operating Leases,lessors Are NOT Required Under AASB

question 3

Multiple Choice

With respect to operating leases,lessors are NOT required under AASB 117 Leases,to disclose:

• A)total contingent rents recognised as income in the period.
• B)future minimum lease payments under cancellable operating leases,separately.
• C)a general description of the lessee's leasing arrangements.
• D)future minimum lease payments under non-cancellable operating leases in aggregate.

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Definitions:

Sodium

A chemical element (symbol Na) that is essential for human health, playing a crucial role in maintaining fluid balance, nerve function, and muscle contraction.

Sunscreen

A topical product applied to the skin to protect it from harmful UV radiation, reducing the risk of sunburn and skin cancer.

Substance Addiction

A chronic disease characterized by the compulsive use of substances despite harmful consequences.