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.

Question

Quizplus · Accepted Answer

Future minimum lease payments under cancellable operating leases are not required to be disclosed separately under AASB 117 Leases.

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