Which of the following is NOT true? If the choice is cash, a liability...

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Accounting

Which of the following is NOT true?

  1. If the choice is cash, a liability has to be recorded until the SARs are exercised.
  2. Stock options will almost always have value, whereas restricted stock may not.
  3. An option-pricing model is not used for valuing restricted stock.
  4. An executive receiving restricted stock is given the stock prior to vesting.

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