1. Under IFRS 2 Share-Based Payment, what is the basis for measurement of share options? A. Fair value at the date of grant. B. Fair value at each reporting date. C. Expected fair value at the date pf exercise. D. Intrinsic value at each reporting date.
1. Under IFRS 2 Share-Based Payment, what is the basis for measurement of share options? A. Fair value at the date of grant. B. Fair value at each reporting date. C. Expected fair value at the date pf exercise. D. Intrinsic value at each reporting date.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. Under IFRS 2 Share-Based Payment, what is the basis for measurement of share options?
A. Fair value at the date of grant.
B. Fair value at each reporting date.
C. Expected fair value at the date pf exercise.
D. Intrinsic value at each reporting date.
2. Under IFRS 2, Share-Based Payment, the value of the options that lapse after vesting shall
A. be credited to expense during the period the options lapse.
B. be credited to income during the period that the options lapse
C. remain in equity.
D. be converted into a liability.
3. When should the compensation expense be recorded as a result of share options granted by the enterprise to its employees?
A. During the year of grant
A. During the year of grant
B. During the year that the options ultimately vest
C. During the years when services are required to be rendered by the employees
D. During the year when the option first becomes exercisable
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