The provisions of AS 19 related with leases are not applicable in accounting relating to :

CS Executive · Corporate and Management Accounting · PYQS · December 2022
The provisions of AS 19 related with leases are not applicable in accounting relating to :
(A) Lease agreements to explore for or use natural resources
(B) Lease agreements to use lands
(C) Lease agreements for patents and copy-rights
(D) All of the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Accounting Standards

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