Listed Below Are Five Terms Followed by a List of Phrases

question 197

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term.
-Stock option

• A)Expensed as compensation in the period earned
• B)Benefit period over which stock option compensation expense is spread.
• C)Paid-in capital effectively renamed under the fair value approach
• D)Shares given for achieving financial goals
• E)A right to buy shares of stock in the future.

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Definitions:

Environmental Considerations

Factors related to the natural environment that are taken into account in decision-making and business practices.

Procurement Outsourcing

The practice of hiring external organizations to manage procurement functions to save costs and improve efficiency.

Source-to-Contract

Encompasses the entire procurement process from identifying potential suppliers to negotiating and finalizing contracts with chosen suppliers.

Procure-to-Pay

An end-to-end process in the procurement function that starts with sourcing and ends with payment for the procured goods or services.