The Main Feature of Broad-Based Stock Option Plans Is

question 69

Multiple Choice

The main feature of broad-based stock option plans is:

• A)monthly stock options
• B)option to buy as many shares as desired
• C)restricted to closely held organizations
• D)all or most employees can participate

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Definitions:

Direct Materials

Basic substances that can be directly linked to and are essential for the creation of the final product during the manufacturing sequence.

Controlling Account

An account in the general ledger that summarizes the detail contained in a subsidiary ledger.

Cost Ledger

A ledger that keeps track of the costs of production, including direct materials, direct labor, and manufacturing overhead.

Jobs Shipped

The completed work projects or orders that have been sent to the customer.