In a Share Based Payment Transaction Where the Entity Has

question 13

Multiple Choice

In a share based payment transaction where the entity has settlement choice, which of the following statements is true?

• A) the entity must settle in equity unless there is no commercial substance to the transaction.
• B) if an entity elects to settle in cash the settlement is accounted for as an expense.
• C) where a present obligation does not exist the entity has a choice of classification as an equity or cash settled share based payment transaction.
• D) the entity has a present obligation to settle in cash where it has a past practice or stated policy of settling in cash.

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Definitions:

AND Criteria

A logical condition used in database queries and programming that requires all specified conditions to be true for an action to be taken or a record to be selected.

Criteria Row

In database queries, a row where conditions are defined to filter the data returned in the query results.

Query Design

The process of creating a request to access, retrieve, or manipulate data within a database through a graphical or textual interface.

AND Criteria

In querying and programming, conditions that must all be met for a record to be selected or an action to be taken.