The New Accounting Standard for Leases, AASB 16/IFRS 16, Has

The new accounting standard for leases, AASB 16/IFRS 16, has introduced:

A) a single lessee accounting model for all leases with a term of more than 12 months.
B) a multi lessee accounting model for all leases with a term of more than 12 months.
C) a single lessee accounting model for all leases with a term of less than 12 months.
D) a multi lessee accounting model for all leases with a term of less than 12 months.