0 of 4 Questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 4 Questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
- IFRS 16 – Leases 0%
Thank for trying this quiz. If you’d like to keep improving your knowledge of IFRS, sign up for a subscription where you can access all our questions. We’d love to have you as a member; simply click here to find out more.
Question 1 of 4
An entity shall apply IFRS 16 to all leases, except leases of right-of-use assets in a sublease.CorrectIncorrect
Question 2 of 4
A contract is, or contains, a lease if the contract conveys the right __________ an identified asset for a period of time in exchange for consideration.CorrectIncorrect
Question 3 of 4
Which of the following shall a lessee recognise at the commencement date?CorrectIncorrect
Question 4 of 4
At the commencement date, a lessee shall measure the right-of-use asset at __________.CorrectIncorrect