Quiz 19.150 – Terms and Phrases
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Match each phrase with its corresponding terminology (options, rights, & warrants, basic EPS, etc)…
Match each phrase with its corresponding terminology (options, rights, & warrants, basic EPS, etc)…
What is the accounting treatment for restricted stock units (RSUs) under a stock award plan where recipients have the option to receive the cash equivalent of the number of shares used to value the RSUs?
What is the appropriate accounting procedure for forfeited restricted stock if an employee leaves the company?
Which of the following statements accurately describes the treatment of unanticipated forfeitures?
Considering Iona Ford Co.’s issuance of stock options with performance conditions and a change in the probability of achieving those conditions after one year, what should Ford do in 2022?
What is an accurate statement regarding the employee stock purchase plan policy of Watson Company?
Which of the following does not qualify as potential shares in the calculation of earnings per share (EPS)?
Which of the following actions would result in an increase in basic earnings per share?
How does the declaration and payment of cash dividends to common shareholders in January of the current year affect the earnings per share (EPS) fraction for the current year?
How do nonconvertible bonds affect the calculation of earnings per share (EPS)?