Which of the values of the unavoidable lease payments

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Problem 1: When recognising a lease liability we are required to calculate which of the following values of the unavoidable lease payments to be made over the 'lease term'?

Option 1: historic value

Option 2: present value

Option 3: future value

Option 4: None of the given answers are correct.

Problem 2: AASB 16 requires that the lease component of the contract must be considered separately from which of the following?

Option 1: service contract

Option 2: purchase contract

Option 3: loan agreement

Option 4: plant contract

Reference no: EM132623838

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