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Which of the Following Transactions Are Not Related Party Transactions

question 18

Multiple Choice

Which of the following transactions are not related party transactions for an entity?
I. An employee purchased the entity's products on normal trading terms.
II. A subsidiary of the entity supplied raw materials to the entity.
III. The entity lent money to one of its directors.
IV. The entity made an agreement with a trade union about increase in employee's wages.


Definitions:

Crawling

A form of locomotion achieved by moving on all fours, typically one of the first ways infants learn to move independently.

Creeping

A form of locomotion seen in infants where they move forward on their hands and knees.

Locomotor Development

The progression of motor skills in infants and children, which includes abilities such as crawling, walking, and running that enable movement from one place to another.

Locomotor Development

The progression of movements in infancy and early childhood that lead to walking and other forms of movement, such as crawling and running.

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