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What is a transition provision option for lessees

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Reference no: EM132938381

Problem 1: What is a transition provision option for lessees according to AASB 16?

Select one:

a. Both responses are acceptable transition provision options

b. Apply AASB retrospectively to each prior reporting period presented

c. None are considered transition provision options

d. Apply the prospective 'cumulative catchup approach

Reference no: EM132938381

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