Restricted stock units (RSUs): Multiple Choice 1. are reported as part of shareholders' equity if payable in shares rather than cash. 2. are reported as a liability if payable in shares rather than cash. 3. are reported as part of shareholders' equity if the recipient will receive cash or can elect to receive cash. 4. are reported as part of shareholders' equity if payable in cash rather than shares.

reported as part of shareholders' equity if payable in shares rather than cash

Explanation:

• Restricted stock units (RSUs) are a form of stock-based employee compensation.

• RSUs are restricted during a vesting period that may last several years, during which time they cannot be sold. Once vested, the RSUs are just like any other shares of company stock.

• Unlike stock options or warrants which may expire worthless, RSUs will always have some value based on the underlying shares.

• For tax purposes the entire value of vested RSUs must be included as ordinary income in the year of vesting.

its ii) i did this test

explanation:

fractionally backed paper money

fiat money

paper money

metallic money