Multiple Choice
Which of the following statements is true of stock option plans?
A) Compensation expense is recorded only if the option price is less than the stock's fair value on the grant date.
B) Compensation is measured on the date the stock is issued.
C) The issued stock is recorded at the market price, not the option price.
D) They all serve to compensate employees.
Correct Answer:

Verified
Correct Answer:
Verified
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