Multiple Choice
Under IFRS 2, with respect to choice-of-settlement share-based payments, if the supplier chooses the cash settlement, the entity is deemed to have issued a compound financial instrument consisting of debt and equity. When cash is received, how does the supplier apply it?
A) Only against the equity portion
B) Apportioned between debt and equity based on relative fair market value of each component
C) Only against current year liabilities
D) Only against the debt portion
Correct Answer:
Verified
Correct Answer:
Verified
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