Which of the Following Transactions Are Not Related Party Transactions

question 2

Multiple Choice

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

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

Apply different compounded interest rates over varying periods to determine the value of investments or loans.

Analyze the impact of different rates and compounding periods on the growth of savings and investment plans.

Assess various financing options for purchasing assets to determine the most cost-effective method.

Determine the value of regular contributions to savings plans over time, taking into account compound interest.

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Definitions:

Task Leader

A person who focuses on the completion and management of specific tasks or projects within a team or organization.

Open Communication

A culture or practice where information is freely and transparently shared among members of an organization, encouraging dialogue and feedback.

Behavioral Approach

A method focusing on observable and measurable aspects of human behavior, especially in understanding and managing personnel.

Task Behaviors

Refers to the actions and activities an individual undertakes as part of their job role to accomplish organizational objectives.