Multiple Choice
Which of the following observations concerning backdating of options is true?
A) It will not result in restatement of financial statements.
B) The extraordinary timing and frequency of occurrences defied statistical probability.
C) There is no concrete evidence that managers gained because of this practice.
D) It is a legal way of compensating managers who perform exceedingly well.
Correct Answer:
Verified
Correct Answer:
Verified
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