What Is a Phantom Stock Plan

question 15

Multiple Choice

What is a phantom stock plan?

• A)A purchase of stock by an unnamed party.
• B)A cash payment equal to the stock's increase in fair market value over the prior year.
• C)A stock option that is given to only a few employees.
• D)Employee compensation hypothetically invested in stock for a period of time after which the employee receives the fair market value of the stock.

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Definitions:

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A province in eastern Canada, known for its French heritage, language, and distinct culture.

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