QUESTION OF A new CEO is hired by the Board of Directors and given $250,000 allowance. The new CEO must repay the allowance if she leaves the company within one year of her start date. To account for the allowance the company should: Choose only ONE best answer Record a prepaid for the amount and expense it after one year B Capitalize the expense and amortize it over the first year of employment Expense it when paid D None of the above