stock-based option

问题如下：

Q. Which of the following statements is true?

选项：

A.Share-based compensation does not have to be treated as an expense, when no cash is exchanged.

B.Share-based compensation programs can take a variety of forms, including those that are equity-settled and those that are cash settled.

C.Employees will receive a benefit of the stock option as long as they work long enough for the option to vest.

解释：

The correct answer is B. There are numerous types of share-based compensation programs; some result in the issuance of shares to employees, and others result in a cash payment based on the value of company shares. Answer A is not correct because even if no cash is exchanged at the time of grant, the compensation expense is recognized based on the fair value of the grant. Answer C is not correct because, in some cases, employees may not receive the benefit of a stock option. For example, if the stock option expires when the exercise price exceeds the market value of the company’s stock, the recipient may not benefit from the grant.