Acme Global gave its top executives the opportunity to buy Acme Global stock in 5 years at the same price at which the stock is selling today.Acme Global is using a(n)______ plan.

Question

Quizplus · Accepted Answer

The plan described in the scenario where top executives have the opportunity to buy stock in the future at the current price is a stock option plan. This plan gives the executives the option, but not the obligation, to purchase the stock at a predetermined price in the future. Therefore, the correct answer is D) stock option.

Acme Global Gave Its Top Executives the Opportunity to Buy