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A noncompensatory stock option plan is designed to Question 17 For stock appreciation rights (SARs) compensation plans where the employee is expected to receive cash on the exercise date, the account that is credited in the year-end adjusting journal entry to recognize the compensation expense is Question 18 The authorized shares of capital stock is the number of shares Question 19 A company is exchanging its common stock for land in a nonmonetary exchange. This transaction should be valued based upon the Question 20 Common stock issued to employees through the exercise of stock warrants under a stock option plan that is classified as a noncompensatory stock option plan is recorded by the corporation at the Question 21 When stock options are exercised by an employee under a compensatory stock option plan, the issuance of the common stock is recorded at the Question 22 Preferred stockholders share with common stockholders in any "extra" dividends when the preferred stock is Question 23 In accounting for a stock split, a company usually