Suzie is the controller of The Price Rite Company. She has been granted the right to buy 1,000 shares

Suzie is the controller of The Price Rite Company. She has been granted the right to buy 1,000 shares of her employer's stock at $25 a share anytime within the next three years. Which one of the following has Suzie been granted?    A.  employee stock option B.  company bonus option C.  employee grant D.  employee exercise option E.  company benefits option Refer to section 24.4

11.	Which one of the following terms applies to an option that has an office building as its underlying asset?    A.  financial option B.  liquid option C.  fixed option D.  real option E.  concrete option Refer to section 24.6

12.

The investment timing decision is the:    A.  determination of when an option should be exercised. B.  decision of when to purchase an option on an underlying asset. C.  analysis of determining when an asset should be sold. D.  determination of when a project should be abandoned. E.  evaluation of the optimal time to begin a project. Refer to section 24.6

13.

Lucas Enterprises recently opted to open a new retail outlet. If the outlet outperforms the expectations, the manager can opt to increase the store's size. If it underperforms, the manager can opt to close the store. These choices that the manager has been given are called:    A.  call options. B.  put options. C.  straddles. D.  managerial options. E.  executive options. Refer to section 24.6

14.	Which one of the following considers all of the options implicit in a project?    A.  expansion planning B.  contingency planning C.  asset management review D.  prospective evaluation E.  strategic evaluation Refer to section 24.6