Question

Disclosure for compensation plans should include all of the following except the:

a) cash flow effects resulting from share-based payment arrangements.
b) nature and terms of such arrangements that existed during the period.
c) effect on the income statement of compensation cost arising from share-based payment arrangements.
d) all of these answer choices are required disclosures."

Answer 1

Disclosure for compensation plans should include all except the cash flow effects resulting from share-based payment arrangements.

Step-by-step explanation:

When disclosing compensation plans, all of the following should be included except:

• a) cash flow effects resulting from share-based payment arrangements. The cash flow effects resulting from share-based payment arrangements should be included.
• b) nature and terms of such arrangements that existed during the period. The nature and terms of the arrangements should be included.
• c) effect on the income statement of compensation cost arising from share-based payment arrangements. The effect on the income statement of compensation cost arising from share-based payment arrangements should be included.
• d) all of these answer choices are required disclosures. This is the correct answer. All of these answer choices are required disclosures when disclosing compensation plans.