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

---

Definitions:

Workers' Incomes

The financial compensation received by employees for their labor, including wages, salaries, and bonuses.

Labor Supplied

The total hours of work that workers are willing to offer at a given wage rate.

Hourly Wage Rate

The amount of money paid for each hour of work.

Opportunity Cost

The cost of the next best alternative forgone as a result of making a decision.