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.

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Definitions:

Pleuritis

A condition in which the pleura become inflamed, which causes them to stick together. It can also cause an excess amount of fluid to form between the membranes.

Pneumoconiosis

Lung diseases that result from years of exposure to different environmental or occupational types of dust.

Anthracosis

Chronic lung disease caused by the inhalation of coal deposits; also known as black lung disease.

Asbestosis

Chronic lung disease caused by the inhalation of asbestos fibers.