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Find an entity shall measure the goods or services received

Assignment Help Accounting Basics
Reference no: EM132730821

Problem 1: For cash settled share-based payment transactions, an entity shall measure the goods or services received and the liability incurred at

Group of answer choices

Option 1: neither the fair value of the goods or services received nor the fair value of the liability.

Option 2: fair value of the goods and services received.

Option 3: fair value of the liability.

Option 4: either the fair value of the goods or services received or the fair value of the liability.

Problem 2: If share-based payment transaction provides that the employees have the right to choose the settlement whether in cash or shares, the entity is deemed to have issued

Group of answer choices

Option 1: an equity instrument.

Option 2: a liability instrument.

Option 3: a compound financial instrument.

Option 4: either an equity instrument or a liability instrument but not both.

Reference no: EM132730821

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