Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) Now, under the Canadian Institute of Chartered Accountants (CICA) Handbook, firms are not required to expense executive stock options when calculating their earnings.
B) Now, under the Canadian Institute of Chartered Accountants (CICA) Handbook, firms are required to expense executive stock options when calculating their earnings.
C) Now, under the Generally Accepted Accounting Principles (GAAP) , firms are required to expense executive stock options when calculating their earnings.
D) Now, under the International Financial Reporting Standards, firms are not required to expense executive stock options when calculating their earnings.