Which of the Following Statements in Relation to Disclosures Required

question 3

Multiple Choice

Which of the following statements in relation to disclosures required under IFRS 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:

Mental Picture

A visual representation in the mind of objects, people, or situations that are not currently being viewed.

Imitation

The action of copying or reproducing someone else’s behavior, actions, or expressions, often as a method of learning or social interaction.

Encode

The process of converting information into a form that can be stored in the memory, such as transforming thoughts into language.

Symbolically Represent

The act of using symbols or symbolic actions to convey deeper meanings or abstract concepts.