【单选题】Which one of the following is a criticism of the distinction between operating leases and finance leases in IAS 17 Leases?
A.
Commitments arising under non-cancellable operating leases must be disclosed.
B.
The obligations of the lessee are not recognized unless substantially all of the risks and rewards of ownership are transferred.
C.
It results in a lack of comparability because operating leases, but not finance leases, are recognized in the statement of financial position.
D.
The principles-based approach provides greater opportunity than a rules-based approach to structure leases so as to avoid recognition of lease assets and liabilities.
【单选题】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.