Which is under ifrs

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Question 1: Under IFRS

A. Disclosure of lessee future minimum lease payments for the periods within one year, within years two through five, and after five years are required.

B. Lessees can classify some assets held under leases as investment property.

C. The two additional lessor criteria provided under U.S. GAAP for lease revenue recognition are absent.

D. All of the choices are correct.

Reference no: EM132648299

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