Which of the following are considered to be cons of granting stock options to senior executives?

I. They give extra incentive to manipulate accounting information.

II. They can encourage excessive risk taking.

III. They provide a tax break via delayed taxation.

IV. They reward executives inappropriately during a stock market boom.

A) I and IV only.

B) I, II and IV only.

C) I, II, III and IV.

D) I, II and III only