Which of the following statement is NOT true in accordance with AASB16 Leases? Group of answer choices

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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.

c.A lease that is less than 12 months should be left off balance sheet.

d.Both A and C.

Related Book For answer-question

Linear Algebra and Its Applications

ISBN: 978-0321791542

4th edition

Authors: David C. Lay

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Posted Date: Mar 29, 2023 08:14 AM

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Which of the following statement is NOT true in accordance with AASB16 Leases? Group of answer choices

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The statement that is NOT true in accordance with AA... View the full answer

Linear Algebra and Its Applications

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