Which of the following sectors was adversely affected by the recent accounting changes requiring the expensing of stock options?

Question

Quizplus · Accepted Answer

The recent accounting changes requiring the expensing of stock options primarily affected the technology sector as it is known for providing stock options as a common form of compensation to attract and retain talent. This resulted in a significant reduction in reported earnings for these companies, leading to widespread criticism and pressure for a change in accounting standards. The other sectors listed (manufacturing, energy, utilities) are not as closely associated with the use of stock options, and therefore would not be as adversely affected by the accounting changes.

Which of the Following Sectors Was Adversely Affected by the Recent