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CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 85 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam
Question #: 85
Topic #: 1
[All CIMAPRA19-F02-1 Questions]

Mr. Rodgers is an accountant for JK Pic. He is asked to record a particular share-based payment in the company's accounts and obliges by debiting as an expense the first relevant account and crediting the corresponding double-entry as a liability.

Which type of share-based payment has Mr. Rodgers recorded?

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Suggested Answer: A

by Chandra at Apr 26, 2024, 05:05 AM

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Reyes
6 months ago
I don't think it's cash-settled in the future. In my opinion, it's most likely equity-settled immediately.
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Myrtie
6 months ago
But could it be cash-settled in the future? Maybe Mr. Rodgers had a different reason for recording it that way.
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Wilbert
6 months ago
I agree with By crediting a liability account, it seems like an equity-settled payment.
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Kasandra
6 months ago
I think Mr. Rodgers recorded an equity-settled payment.
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Fletcher
7 months ago
So it must be option C.
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Yuonne
7 months ago
I believe you're correct. He debited as an expense and credited as a liability.
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Henriette
7 months ago
I think Mr. Rodgers recorded an equity-settled immediately payment.
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