問題一覧
1
How is compensation expense measured for equity settled share-based payment transaction?
Measure the fair value of share options using an option pricing model.
2
Which option valuation technique should not be used as a measure of fair value in the first instance?
Intrinsic value
3
Share options are what type of share-based payment transaction?
Equity-settled share-based payment transaction
4
Which statement is true in relation to share options?
Fair value shall be measured at the date of grant.
5
What interest rate is used to discount both the exercise price of the option and the future dividend stream?
The risk-free interest rate
6
The compensation associated with share option plan is
The estimated fair value of the options
7
The most important objective for share options is
Measuring the compensation expense during the service period.
8
Share options should be reported as expense
Using the fair value method
9
When recognizing compensation under a share option plan, unanticipated forfeitures are treated as
A change in accounting estimate
10
Which statement is true about share options?
If previous experience indicates that share options shall be forfeited before vesting, the fair value estimate on grant date should be adjusted.
11
It is the difference between the fair value of the shares to be subscribed and the option price required to be paid for those shares.
Intrinsic value
12
Under the fair value method of accounting for share options, the total compensation recognized
Is based on the fair value of the share option at the grant date, adjusted for forfeitures
13
When issuing share options, which of the following factors is most relevant in determining the accounting treatment?
Whether the share options are issued in lieu of salary
14
In what circumstances is compensation expense immediately recognized under a share option plan?
In circumstances when the options are immediately exercisable.
15
Compensation expense from a share option is generally
Allocated over the periods benefited by the employee's required service.
16
An entity shall recognize the goods or services received in a share-based payment transaction
When the entity receives the goods or services.
17
If share options granted to employees under a share-based payment transaction vest immediately
The employees are unconditionally entitled to the share-based payments.
18
For equity-settled share-based payment transactions, an entity shall measure the goods or services received
At the fair value of the goods or services received unless that fair value cannot be estimated reliably.
19
For transactions for employee services as in share options, the fair value of the equity instruments is measured
On the grant date.
20
For transactions with parties other than employees, the measurement date is
When the entity obtains the goods or the counterparty renders service.
21
On vesting date, the entity should
Revise the estimate to equal the number of equity instruments that ultimately vest for vesting conditions based on employee service and based on nonmarket performance.
22
For share-based payment transaction offering a choice of settling the transaction in cash or by transfer of equity instrument, the entity should account for the transaction as
Cash-settled share-based payment transaction unless the entity has a past practice of settling by issuing equity instrument or the option to settle in cash has no commercial substance.
23
In measuring the fair value of shares and the related goods or services received, an entity
Uses observable market price and other measures according to a measurement hierarchy.
24
For modification of vesting condition in an equity-settled share-based payment transaction for employee services, the entity should
Take the modified vesting condition into account only if it is beneficial to employees and recognize the increase in fair value over the remaining vesting period from date of the modification.
25
For a cash-settled share-based payment tansaction for employee services, the entity should
Recognize as expense the estimate of the cash to be paid out to the employees over the vesting period.