As CEO,Duane was granted stock options that do not require him to exercise them to receive income.Which of the following plans is it?
A)stock appreciation rights
B)discount stock
C)restricted stock
D)golden parachute

Question

Quizplus · Accepted Answer

Stock appreciation rights (SARs) are a form of executive compensation that allow executives to receive monetary compensation based on the increase in the company's stock price without requiring them to actually purchase the stock. Therefore, Duane's stock options that do not require him to exercise them suggest that he has been granted SARs.

As CEO,Duane Was Granted Stock Options That Do Not Require