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Lease

ZZainb8y ago
Hi sir, All lease are treated as finance leases but those for one year are expensed Is that relevant to our p7 september exam? It really confused me that not according to what i learned for june 18 sitting Thanks v much
KimKimTutor8y ago#1
IFRS 16 was the examinable document for the exam year Sept 2017 - June 2018 for P2 - this has not changed. So I can only suggest that you studied with obsolete materials for June.
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