11.Which of the following statement is NOT true in accordance with AASB16 Leases? Group of answer choices a.Initial Right-of-Use asset in the balance sheet includes dismantling costs. b.Variable lease payments linked to an index, such as CPI, are not included in lease payments. CA lease that is less than 12 months should be left off balance sheet. d.Both A and C.

11.Which of the following statement is NOT true in accordance with AASB16 Leases? Group of answer choices a.Initial Right-of-Use asset in the balance sheet includes dismantling costs. b.Variable lease payments linked to an index, such as CPI, are not included in lease payments. CA lease that is less than 12 months should be left off balance sheet. d.Both A and C.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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