In Relation to Equity Instruments Granted by an Entity Where

question 4

Multiple Choice

In relation to equity instruments granted by an entity where the entity makes modifications to the terms and conditions attaching to the grant,

• A) the incremental fair value is measured as the difference between the fair value of the modified instrument, estimated at the date of modification and that of the original equity instrument, estimated at the date of original granting.
• B) if the modification occurs during the vesting period the incremental fair value is recognised immediately.
• C) terms or conditions may not be modified in a manner that is not beneficial to the employee.
• D) where the exercise price of options is modified, the fair value of the options changes.

---

Definitions:

Repository

A central location where data, often related to software development, is stored and managed.

Software

The set of computer programs or instructions that tells the computer what to do and that enables it to perform different tasks.

Overseers

Individuals or entities responsible for supervising or managing activities, processes, or people.

Coordinate

A set of values that show an exact position on a grid system or map, usually defined by x and y (or longitude and latitude) values.