A Share-Based Payment Transaction in Which the Entity Receives Goods

question 10

Multiple Choice

A share-based payment transaction in which the entity receives goods or services as consideration for equity instruments of the entity is classified in AASB 2 Share-based Payment as

• A) an equity-settled share-based payment transaction
• B) a cash-settled share-based payment transaction
• C) a liability-settled share-based payment transaction
• D) an "other" share-based payment transaction

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Definitions:

Disaster Relief Funds

Financial assistance provided to individuals, businesses, and communities affected by natural or human-made disasters.

Flood-Prone Areas

Regions that are highly susceptible to flooding due to their geographical features, environmental conditions, or proximity to bodies of water.

Depositor Moral Hazard

A situation in financial systems where depositors engage in riskier behaviors because they know their deposits are protected, for instance, by government insurance.

Savings and Loan Industry

A sector of the financial services industry that specializes in accepting savings deposits and making mortgage and other loans.