Management Compensation Plans

question 51

Multiple Choice

Management compensation plans:

• A)May be affected by adopting International Financial Reporting Standards since earnings under IFRS are typically higher than GAAP earnings.
• B)May be affected by adopting International Financial Reporting Standards since earnings under IFRS are typically lower than GAAP earnings.
• C)Will not be affected by IFRS since earnings are equivalent to GAAP.
• D)Are decided by shareholders who do not consider GAAP or IFRS when deciding how much compensation managers receive.

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