Exam 21: Applications in Executive Compensation Planning

An employer-provided vehicle is often made available for personal use by an executive. The personal use represents additional compensation to the executive. The personal use is treated as a taxable fringe benefit and is included as additional compensation on the executive's Form ____.

Which of the followings is another name for a qualified employee stock purchase plan?

An unsecured promise of a future benefit is:

All of the following are correct regarding Phantom Stock except:

Restricted stock is nontransferable and must be traded in compliance with:

In the event of an employer bankruptcy, which of the following trusts requires that the trustee suspend payment to the trust beneficiary and hold assets for the employer's general creditors.

A Section _____ election allows the executive to elect to have the compensation taxed as ordinary income based on the value of the stock when it was granted, rather than when it ____.

Which of the following provides the executive the right to the appreciation in the price of the employer's stock, but not the stock itself.