In accordance with AASB 2,how much Employee benefits expense related to the share option issue should Southport Ltd recognise for the year ended 30 June 2010?
A) $9,840
B) $12,000
C) $29,520
D) $36,000
E) None of the given answers

Question

Quizplus · Accepted Answer

The correct answer is A. $9,840. This is because the expense is calculated as the difference between the fair value of the options at the grant date and the exercise price, multiplied by the number of options granted. In this case, the fair value of the options at the grant date is $12,000, the exercise price is $2,160, and the number of options granted is 800. Therefore, the expense is $12,000 - $2,160 = $9,840.

In Accordance with AASB 2,how Much Employee Benefits Expense Related