Question
(1) Explain what the Executive Stock Option rule was in place in 2008 (APB Opinion 25) and what rule was proposed that created the problem.(2)
(1) Explain what the Executive Stock Option rule was in place in 2008 (APB Opinion 25) and what rule was proposed that created the problem.(2) Explain why the FASB advocated this new rule. (3) Briefly explain why executives opposed it. (4) Briefly explain the role Congress (not the SEC) in this chapter (Employee Stock Options) of accounting history.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
