Barry Allen Is One of the Non-Executive Directors of Rose

question 11

Multiple Choice

Barry Allen is one of the non-executive directors of Rose Company. In this current financial year, Rose Company had transactions with the following entities:
I. Borrowed money from City Bank.
II. Purchased raw materials from Arrow Company.
III. Loaned money to one of its subsidiaries, Firestorm Company, with 10% per annum.
IV. Sold products to Star Labs Company, of which Barry Allen is also a director.
Which transactions are not related party transactions between Rose Company and another entity?

• A) I and II only.
• B) I, II and IV.
• C) II and III only.
• D) II, III, and IV.

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Definitions:

Promote Autonomy

To support or encourage self-directing freedom and especially moral independence in actions and decisions.

Self-efficacy

A belief in one's own capability to organize and execute the courses of action required to manage prospective situations.

Praise From Parents

Positive reinforcement and encouragement given by parents to their children, affecting their self-esteem and behavior.

Child's Relationship

The connections and interactions a child has with others, particularly significant caregivers, which shape their development and well-being.