CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

FASB has provided relief on grant date requirements for stock option so companies can set the grant date as the date that:

A. The key terms and conditions are communicated to employees.
B. It is approved by the board or compensation committee.
C. The award starts to vest.
Correct Answer: B

The approval date is allowed as long as the key terms and conditions are expected to be communicated to the employee within a relatively short time period after the approval date.

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