CERTYNEX IFRS ACADEMY

Quintal measures its right-of-use assets under the cost model. Which items enter the carrying amount of a right-of-use asset at the reporting date? (several answers)

The cost of the right-of-use asset determined at the commencement date.

Accumulated depreciation, as a deduction.

Interest accrued on the lease liability, as an addition.

Accumulated impairment losses, as a deduction.

Remeasurements of the lease liability, as an adjustment.

The difference between the fair value of the underlying asset and the carrying amount, remeasured every year.