S Receives Incentive Stock Options (ISOs) as Part of a Compensation

question 13

Multiple Choice

S receives incentive stock options (ISOs) as part of a compensation plan.The unrestricted option is for 100 shares at $100 per share.S exercises the option five years later when the FMV of the stock is $190 per share.S holds the stock for five more years and then sells it for $225 per share.In the year of exercise, S has reportable amounts for regular tax purposes and for AMT purposes, respectively, of

• A)$19,000 and $0
• B)$19,000 and $9,000
• C)$0 and $9,000
• D)$0 and $19,000
• E)$0 and $0

Grasp the causes and characteristics of dissociative disorders.

Recognize the concept of hallucinations and their relevance to schizophrenia.

Understand the impact of traumatic experiences on the development of certain psychological disorders.

Describe the characteristics and treatment challenges of autism spectrum disorder.

---

Definitions:

Cohesive Forces

The attractive forces between like molecules that are responsible for the tendency of certain materials to stick together.

DNA Replication

The process by which DNA is duplicated; ordinarily a semiconservative process in which a double helix gives rise to two double helices, each with an "old" strand and a newly synthesized strand.

Radioactive Isotopes

Atoms of the same element that have different numbers of neutrons in their nuclei, causing them to be unstable and decay, releasing radiation.

Phosphate Groups

Phosphate groups are chemical groups containing phosphorus and oxygen; they play a key role in energy transfer and molecular signaling in cells.