Cobourg Ltd Has Following Transactions During the Year

question 53

Multiple Choice

Cobourg Ltd has following transactions during the year:

Which of the following lists all the related party transactions required to be disclosed in AASB 124 "Related Party Disclosures"?

• A) I and II;
• B) III and IV;
• C) II, IV and V;
• D) I, II, IV and VI;
• E) III, IV, V and VI;

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Definitions:

Primary Voltage

The voltage at the primary winding of a transformer, which is transformed to a different voltage level at the transformer's secondary winding.

Secondary Voltage

The output voltage produced by the secondary winding of a transformer, which can be step-up or step-down relative to the primary voltage based on the turns ratio of the transformer.

Power Distribution System

A network of electrical components deployed to distribute and deliver power from the supply system to the consumer effectively.

Diagram

A diagram is a simplified drawing representing the structure or workings of something, serving as a plan, schematic, or model.