CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 85 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam

Question #: 85
Topic #: 1

Mr. Rodgers is an accountant for JK Pic. He is asked to record a particular share-based payment in the company's accounts and obliges by debiting as an expense the first relevant account and crediting the corresponding double-entry as a liability.

Which type of share-based payment has Mr. Rodgers recorded?

ACash-settled in the future

BCash-settled immediately

CEquity-settled immediately

DEquity-settled in the future

ENeither cash nor equity-settled

Show Suggested Answer

Suggested Answer: A

by Chandra at Apr 26, 2024, 05:05 AM

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-F02-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Fletcher

4 days ago

So it must be option C.

upvoted 0 times

...

Yuonne

5 days ago

I believe you're correct. He debited as an expense and credited as a liability.

upvoted 0 times

...

Henriette

6 days ago

I think Mr. Rodgers recorded an equity-settled immediately payment.

upvoted 0 times

...