Which of the following items are considered share-based payment transactions within the scope of NZ IFRS 2?

Select one:

a.Share dividends to employees who are shareholders of the entity.

b.Goods acquired from a supplier on credit to be settled in cash.

c.Services provided by an employee to be settled in equity instruments.

d.Purchase of non-current assets on credit to be settled in cash.

NZ IFRS 2 states that when goods or services received or acquired in a share-based payment transaction do not qualify for recognition as assets, they shall be recognised as:

Select one:

a.income.

b.liabilities.

c.equity.

d.expenses.

Market prices for share options granted to employees are typically not available because:

Select one:

a.employee options have long lives and are usually exercised early.

b.it is difficult to obtain the fair value of these options using option pricing models.

c.options granted to employees are subject to terms and conditions that do not apply to traded options and it is difficult to obtain the fair value of these options using option pricing models.

d.options granted to employees are subject to terms and conditions that do not apply to traded options.