Examlex
Identify and state the historical significance of the following:
-Operation Desert Storm
Stock Option Plan
A compensation strategy used by companies to grant employees the option to purchase company shares at a predetermined price.
Compensation Expense
The total cost incurred by an employer to compensate its employees, including wages, benefits, bonuses, and any other form of payment for services rendered.
Fair Value
An estimate of the market value of an asset or liability, based on current conditions and mutually knowledgeable, willing parties' transactions.
Total Compensation Cost
It encompasses the complete value of all compensatory payments and benefits provided to employees, including salaries, bonuses, and benefits.
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