Which of the Following Would Not Necessarily Be a Related

question 39

Multiple Choice

Which of the following would not necessarily be a related party transaction?

• A)Sales to another corporation with a similar name.
• B)Purchases from another corporation that is controlled by the corporation's chief stockholder.
• C)Loan from the corporation to a major stockholder.
• D)Sale of land to the corporation by the spouse of a director.

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Definitions:

Skewed

describes a distribution that is not symmetrical, with a longer tail on one side of the peak than the other.

Normal Distribution

A probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

Standard deviation is a measure of the dispersion or variability of a set of data points around their mean, indicating how spread out the data points are.

Sampling Distribution

The chance distribution of a statistical measure derived from numerous samples taken from a particular group.