CAF-6 · Chapter 3 · Question 6 of 15
Under IFRS 16, which of the following items is EXCLUDED from the initial measurement of a lease liability?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) Variable lease payments based on the lessee's future sales.
Explanation
Lease liabilities include fixed payments and variable payments that depend on an index or rate. Variable payments that depend on future performance or use (like sales) are excluded and recognized in profit or loss when the triggering event occurs.
More IFRS 16 Leases MCQs
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