Examveda

Which of the following is not a disclosure requirement for finance leases?

A. Carrying amount of asset

B. Market value of asset

C. General description of significant leasing arrangements

D. Reconciliation between total minimum lease payments and their present value

Answer: Option B


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Related Questions on Business Finance

Match List-I with List-II and select the correct answer:

List-I List-II
a. Modigliani Miller approach 1. Commercial papers
b. Net operating income approach 2. Working capital management
c. Short-term money market instrument 3. Capital structure
d. Factoring 4. Arbitrage

A. a-4, b-3, c-1, d-2

B. a-3, b-4, c-1, d-2

C. a-2, b-3, c-1, d-4

D. a-3, b-2, c-4, d-1