..............means applying by the empl

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Target Exam

CUET

Subject

Accountancy

Chapter

Accounting for Shares

Question:

..............means applying by the employee for issue of shares against the option vested in him.

Options:

Excercise

Excercise period

Excercise date

Strike

Correct Answer:

Excercise

Explanation:

Exercise refers to the act in which an employee applies for the issuance of shares based on the options that have been granted and vested to them.