Which of the Following Statements Is Correct

question 11

Multiple Choice

Which of the following statements is correct?

• A) It was in 2000 that Canadian accounting standards required firms to include stock option grants as part of their compensation expense.
• B) Canadian accounting standards did not require firms to include stock option grants as part of their compensation expense until the Asian flu happened in the mid-90s.
• C) Canadian accounting standards did not require firms to include stock option grants as part of their compensation expense until Nortel announced bankruptcy protection in 2009.
• D) Until 2005, Canadian accounting standards did not require firms to include stock option grants as part of their compensation expense.

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Definitions:

Implicit Challenge

An unspoken or indirectly expressed contest or confrontation where the difficulty or dispute is not directly stated.

Hostile Work Environment

A workplace where harassment and bullying occur frequently, making it difficult for employees to perform their jobs.

Sexual Advances

Unwanted or inappropriate actions directed towards an individual with the intent of a sexual nature.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature that affects an individual's employment or creates a hostile work environment.