Under ASC 842, the lease liability is measured at

date:2026-02-01 15:24:55 author:admin browse: time View comments Add Collection

Under ASC 842, the lease liability is measured at

Under ASC 842, the lease liability is measured at:

A. The present value of future lease payments

B. The fair value of the leased asset

C. The asset's book value

D. The residual value of the asset

Answer: A

Explanation: ASC 842-20-25-1: Lease liability = PV of lease payments (using incremental borrowing rate).