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

Question

Quizplus · Accepted Answer

Only option C involves a share-based payment transaction, where services are provided by an employee and settled in equity instruments. AASB 2 applies to transactions where the entity receives goods or services in exchange for equity instruments. Options A, B, and D do not meet this criterion.

Which of the Following Items Are Considered Share-Based Payment Transactions