Question: Under ASC 840, operating leases require note disclosure of minimum lease payments for the: Multiple Choice 1. amount of annual rental payments for the next

Under ASC 840, operating leases require note disclosure of minimum lease payments for the:

Multiple Choice

1. amount of annual rental payments for the next five years.

2. discounted present value of future lease payments for the total of the next five years and the aggregate thereafter.

3. undiscounted present value of total future lease payments.

4. future cash outflows for each of the next five years and the aggregate thereafter.

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