Which of the Following Statements Is Incorrect of Equity-Settled Share-Based

question 47

Multiple Choice

Which of the following statements is incorrect of equity-settled share-based payment transactions?

• A) These are transactions in which the entity receives goods and services as consideration for shares or share options issued by the entity.
• B) There is a presumption that the fair value of the transactions with other parties (other than employees) can be measured reliably.
• C) The fair value of equity-settled instruments is required to be re-estimated at balance date.
• D) The entity shall recognise a corresponding increase in equity if the goods or services were received in an equity-settled share-based payment transaction.

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Definitions:

Generational Subcultures

Distinct cultural groups that emerge within different generations, reflecting their unique values, preferences, and behaviors influenced by the era's social, economic, and technological contexts.

Organizational Sects

Subgroups within an organization that may have distinct beliefs, practices, or interests, sometimes leading to internal divisions.

Old Timers

Experienced members within a group or organization, often possessing extensive knowledge and history with the entity.

Occupational Subcultures

Groups within an organization or profession that hold values, norms, and practices distinct from those of the broader organizational or professional culture.