CFA Practice Question

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CFA Practice Question

When options are granted, SFAS 123 recommends to debit ______ and credit ______.

I. cash
II. paid-in capital - stock options
III. compensation expense
IV. common stock (par)
Correct Answer: debit III and credit II.

User Contributed Comments 1

User Comment
quanttrader compensation expense || equity (pic / stock options)
*debit* *credit*
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