Which of the Following Statements in Relation to Disclosures Required

question 29

Multiple Choice

Which of the following statements in relation to disclosures required under AASB 2 Share-based Payment is NOT correct?

• A) For arrangements that were modified during the year, the incremental fair value granted as a result.
• B) The weighted average price at the date of exercise for options exercised during the period.
• C) A description of the plan, including the general terms and conditions, vesting requirements, maximum term of options granted and method of settlement must be disclosed.
• D) for liabilities arising from share-based payment transactions, the total intrinsic value at the end of the period for liabilities where the counter party's right had not yet vested.

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Definitions:

Serial Entrepreneur

An individual who continuously comes up with new ideas and starts new businesses, rather than committing to one long-term project.

Elon Musk

An entrepreneur and business magnate known for founding and leading Tesla, Inc., SpaceX, and several other high-profile technology companies.

Lifestyle Entrepreneur

An entrepreneur who starts a business primarily to change their personal lifestyle, rather than for financial gain.

Work Hours

The scheduled time during which an employee is expected to perform duties at their job.