Question: A lease might specify that lease payments may be increased (or decreased) at some future time during the lease term depending on whether or not

A lease might specify that lease payments may be increased (or decreased) at some future time during the lease term depending on whether or not some specified event occurs such as revenues or profits exceeding some designated level. In such situations, what is the amount a lessee should use to measure its right-of-use asset and lease liability?


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