Which of the Following Observations Concerning Backdating of Options Is

question 13

Multiple Choice

Which of the following observations concerning backdating of options is true?

• A)It will not result in restatement of financial statements.
• B)The extraordinary timing and frequency of occurrences defied statistical probability.
• C)There is no concrete evidence that managers gained because of this practice.
• D)It is a legal way of compensating managers who perform exceedingly well.

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