Employee Stock Ownership Plans

question 26

Multiple Choice

Employee stock ownership plans:

• A)grant stock options to employees at all levels rather than just senior executives
• B)offer employees the opportunity to purchase company stock, often partially or fully matched by employer-paid stock for the employee
• C)link increases in base pay to how highly employees are rated on a subjective performance evaluation
• D)provide employees with end-of-year bonuses that do not build into their base pay
• E)provide employees with the right to purchase stock at a specified (exercise)price for a fixed time period

Understand the principles of inventory costing and recognition, including the differences between FOB shipping point and FOB destination.

Identify and explain the implications of different inventory turnover ratios.

Understand the effects of using different inventory cost formulas like FIFO, average cost, and specific identification under varying market conditions.

Recognize the factors that influence the inclusion of goods in the physical count of inventory.

---

Definitions:

Retrospective Analysis

A research method that examines past events or data to draw conclusions about the present or future.

Barbiturates

One group of sedative-hypnotic drugs that reduces anxiety and helps produce sleep.

Death Initiator

A person who attempts suicide believing that the process of death is already under way and that he or she is simply quickening the process.

Intentionally Crash

The deliberate act of causing a vehicle, system, or software to fail or cease functioning, often for malicious purposes or to demonstrate a significant flaw or vulnerability.