Which one of the following statements is correct in relation to the approach adopted by IAS 17 Leases to classifying leases as either finance or operating leases?
A.
This approach is dependent on only qualitative criteri
B.
This approach copes well with the wide variety of lease arrangements.
C.
C This approach ensures that present obligations are recognized as liabilities.
D.
D This approach can result in leases with similar economic characteristics being treated differently.