CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

Companies are required by FAS 123 to expense Employee Stock Purchase Plans if purchase price discount is less than 5% or less of stock price. True or False?
Correct Answer: False

It should be "... is 5% or more of stock price."

User Contributed Comments 1

User Comment
quanttrader if discount is =+5% then expense, otherwise no need.
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