f the share-based payment transactions provide a choice whether the entity settles in cash or ssues equity instruments, the entity is required to account for the transaction as . Cash settled share-based payment transaction if and to the extent that the entity has incurred a iability to settle in cash or other assets. I. Equity settled share-based payment transaction if and to the extent that no liability has been ncurred by the entity. * Q O Either I or Il O l only O Neither I nor II O Il only

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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). If the share-based payment transactions provide a choice whether the entity settles in cash or
issues equity instruments, the entity is required to account for the transaction as
I. Cash settled share-based payment transaction if and to the extent that the entity has incurred a
liability to settle in cash or other assets.
II. Equity settled share-based payment transaction if and to the extent that no liability has been
incurred by the entity. * A
O Either I or II
O I only
O Neither I nor II
O Il only
Transcribed Image Text:). If the share-based payment transactions provide a choice whether the entity settles in cash or issues equity instruments, the entity is required to account for the transaction as I. Cash settled share-based payment transaction if and to the extent that the entity has incurred a liability to settle in cash or other assets. II. Equity settled share-based payment transaction if and to the extent that no liability has been incurred by the entity. * A O Either I or II O I only O Neither I nor II O Il only
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