Q1. Falcon Corporation offers two separate stock compensation award plans to its employees. The first plan is a service-based award and the second plan is a performance-based award that is tied to the market price of Falcon’s stock. Is it necessary for Falcon to adjust compensation expense at the end of the vesting period for awards that do not vest? A) Adjust one plan only. B) Adjust both plans. C) Adjust neither plans.
Q2. Which of the following statements about stock-based compensation are correct or incorrect? Statement #1: The grant date of a service-based award is the date when the employees’ benefits are fully vested. Statement #2: When two or more performance conditions must be satisfied, the requisite service period ends when the first condition is met.
A) Only one is correct. B) Both are incorrect. C) Both are correct.
Q3. For stock compensation plans, where are the excess tax benefits and the tax benefits related to compensation expense respectively reported in the cash flow statement? A) Finance activities; Operating activities B) Operating activities; Financing activities C) Financing activities; Investing activities
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发表于 2009-1-17 14:37
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