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When accounting for a finance lease under IAS 17 Leases, which TWO of the following are recognised in the statement of profitor loss?
Suggested Answer: A, B
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8 comments · newest first
ST
Steffanie
1 year ago
I thought lease payments payable would be included too.
BE
Becky
1 year ago
C is not right, only A and B count.
MA
Maynard
1 year ago
Wait, are lease payments not recognized? That's surprising!
HA
Hassie
1 year ago
Totally agree with A and B!
JU
Julian
1 year ago
A and B are correct!
OL
Olive
1 year ago
I've got this! The object used to model a client in Financial Services Cloud is Person Account. That's the one designed for individual customers, right?
AM
Amber
1 year ago
The part about not being able to return to the question is a bit concerning. I'll need to make sure I get this right the first time.
SH
Sheridan
1 year ago
Okay, the question is asking about an act that gives consumers rights related to email spam. I'm pretty sure the CAN-SPAM Act is the right answer, but I'll double-check my notes just to be sure.