May Inc. awards stock options to key executives as part of their compensation package. Which of the following statements is inaccurate regarding the accounting for the stock option plan?

Select one:

a. The total cost of the compensation is measured at the date of grant.

b. An option-pricing model used to measure the fair value of stock options, takes into account prospective information.

c. If a stock option award is based on a companys target stock price, compensation is recognized when it is probable that the condition will be met.

d. If a stock option award is based on a companys sales target, compensation is recognized when it is probable that the condition will be met.