In IAS 24 Related Party Disclosures,two Entities Having a Director

question 43

True/False

In IAS 24 Related Party Disclosures,two entities having a director in common are assumed related parties.

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Definitions:

Job Context

The environment, conditions, and characteristics surrounding a particular job or role.

Job Dissatisfaction

is a negative emotional state resulting from an individual's perception of their work as unsatisfying or not meeting their expectations and needs.

Hygiene Factors

In the context of Herzberg's motivation-hygiene theory, hygiene factors are job conditions that can cause dissatisfaction if missing, such as salary, company policies, and working conditions, but do not necessarily motivate when improved.

McClelland's Motivation Theory

A psychological theory suggesting that people are motivated by three needs: achievement, affiliation, and power, influencing their goals and behaviors.