The Measurement Date of an Employee Compensatory Stock Option Plan

question 26

Multiple Choice

The measurement date of an employee compensatory stock option plan under the intrinsic value method is

• A)the date the number of shares and option price are known
• B)the date of the grant
• C)the date of the plan
• D)the date any shares are issued

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Definitions:

Broad, Gentle

Describes wide areas with a mild gradient or slope, often used in geographical and geological contexts.

Shield Volcanoes

Broad, gently sloping volcanic structures formed from the eruption of low-viscosity lava that can flow long distances.

Mauna Loa

One of the world's largest active volcanoes, located on the Big Island of Hawaii, known for its large, broad shape and frequent eruptions.

Viscous Lava Flows

Slow-moving lava flows with a high silica content that are thick and sticky.