Multiple Choice
When accounting for a fixed compensatory share option plan, a company must record which of the following on the date of grant?
A) a journal entry recognizing the common stock issued
B) a journal entry recognizing the compensation expense
C) a memorandum entry explaining the terms of the compensatory share option plan
D) a memorandum entry of the expected annual compensation expense amount
Correct Answer:
Verified
Correct Answer:
Verified
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