(Solved): IFRS allows the short-cut method on leases if Multiple choice question. the lease term is 12 month ...

IFRS allows the short-cut method on leases if Multiple choice question. the lease term is 12 months or less and does not include a purchase option. the lease term is 12 months or less and includes a purchase option the lessee is unlikely to exercise. the lease term is 12 months or less and includes a purchase option the lessee is reasonably certain to exercise.