MCQ on Accounting for Share Based Payments: Check the below Corporate and Management Accounting MCQ on Accounting for Share Based Payments with Answers Pdf free download. Corporate and Management Accounting MCQ on Accounting for Share Based Payments Questions for Corporate and Management Accounting with Answers were prepared based on the latest exam pattern. We have provided Corporate and Management Accounting MCQ on Accounting for Share Based Payments with Answers to help students understand the concept very well. Students should practice CS Executive MCQ on Accounting for Share Based Payments Questions with Answers based on the latest syllabus.

MCQ on Accounting for Share Based Payments

1. Under the employees are given an option to purchase shares on the spot at a discount price.
(A) Employees Stock Purchase Scheme
(B) Employee Stock Option Scheme
(C) Stock Appreciation Rights Scheme
(D) Preferential Allotment Scheme

2. ______ means the price, if any, payable by the employee for exercising the option or SAR granted to him.
(A) Offer price
(B) the Exercise price
(C) Market Price
(D) Fair price

3. ____ means the process by which the company issues Options, SARs, Shares, or any other benefits under any of the schemes.
(A) Grant
(B) Option
(C) Exercise
(D) Appreciation

4. Under ESPS employees are given an option to purchase shares on the spot at a
(A) Discounted price
(B) Special price
(C) Discount price
(D) Floor price

5. Under ESOS, employees are given an option to purchase shares at ____.
(A) On the spot
(B) Later date i.e. after vesting period
(C) Relevant date
(D) Later date i.e. after the end of the accounting year

6. Which of the following person can be treated as ‘employee’ and hence eligible for employees’ share-based payment benefits?
(A) Relative of the director who holds more than 10% of the outstanding equity shares of the company
(B) Temporary employee of the company who has been working in India
(C) Employee of Associate Company
(D) None of the above

7. Which of the following section of the Companies Act, 2013 allows a company to offer shares to employees under a scheme of employee’s stock option?
(A) Section 61
(B) Section 65
(C) Section 62
(D) Section 68

8. A company may implement share-based employees benefit schemes:
(A) Directly
(B) Trust Route
(C) Either (A) or (B)
(D) Neither (A) nor (B)

9. As per Section 62(2) of the Companies Act, 2013, a company can offer shares to employees under a scheme of employees stock option bypassing.
(A) Board Resolution
(B) Special Resolution
(C) Ordinary Resolution
(D) Extraordinary Resolution

10. Which of the following persons is covered under the provisions relating to share-based payment regulation made by the SEBI?
(A) Permanent employee
(B) Whole-time director
(C) Employee of a subsidiary
(D) All of the above

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By Team Learning Mantras