What is the service period for a share purchase plan, Operation Management

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What is the service period for a share purchase plan

Assignment:

Smith Company is planning to create an employee share purchase plan. The controller has asked you to do some research regarding features that the plan can and cannot have.

What are some option features that the plan cannot possess to avoid being compensatory?

What is the service period for a share purchase plan?

How is the fair value of a share-based compensation plan determined?

Using FASB ASC or IASB research

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