When share appreciation rights are granted to employees
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- When a share-based payment transaction is with an employee and others providing similar services, the goods or services received are measured at the fair value of the equity instrument issued intrinsic valueAn appropriation of accumulated profits for possible contingencies should be a. Transferred to income as losses are realized b. Shown within shareholders’ equity in the statement of financial position c. Charged with all losses related to that contingency d. Classified in the liability section of the statement of financial positionWhen a share-based payment transaction is with an employee and others providing similar services, the goods or services received are measured at thea. fair value of the equity instrument issuedb. intrinsic value a. a or b at the option of the entity b. b c. a d. a if determinable, otherwise, b 2. If there are no vesting conditions, the fair value of employee share options is recognized as expense, and an increase in a. equity at grant date b. liability over the vesting period c. liability at grant date d. equity over the vesting period 3. If there is a vesting period, the fair value of employee share appreciation rights is recognized as expense and an increase in a. liability at grant date b. equity at grant date c. liability over the vesting period d. equity over the vesting period
- If share-based options granted to employees under a share-based payment transaction vest immediately a.The entity should defer recognition of the services rendered by the employeesb.The entity should record a liabilityc.The employees are unconditionally entitled to the share-based paymentsd.The entity should account for the services when these are rendered by the employees during the vesting periodCommon stockholders represent: Group of answer choices Residual interest over the entity Mutual interest over the entity No interest over the entity Creditor interest over the entityGain on Bargain Purchase treated as other income in a business combination should be: a. Credited to the income account of both acquirer and acquire b. Credited to the share premium account of the acquirer c. Credited to a deferred credit account d. Credited to the income account of the acquirer
- Common stockholders represent: Group of answer choices a Residual interest over the entity b No interest over the entity c Creditor interest over the entity d Mutual interest over the entityComprehensive income: includes transactions that affect stockholders equity with the exception of those transactions that involve owners. is considered an appropriation of retained earnings. includes all transactions that are under managements control. is the result of all events and transactions reported on the income statement.Which of the following represents an obligation of the company? Liability Asset Owners' Equity Liabilities of its competitors
- Which statement is true in relation to business combination achieved in stages? a. The pre-existing equity interest shall be remeasured at fair value with any resulting gain or loss included in profit or loss. b. The pre-existing interest shall be remeasured at fair value with any resulting gain or loss recognized in retained earnings. c. The pre-existing equity interest shall be remeasured at fair value with any resulting gain or loss included in other comprehensive income. d. The pre-existing interest shall not be remeasured.A share-based payment transaction with cash alternative whereby the right of choice of settlement is given to the employee is accounted for as A.partly cash-settled and equity-settled B. equity-settled C. either cash-settled or equity-settled, but not both D. cash-settledDiscuss the implication of reporting NCI as a separate item of owners equity
