Which of the following is not likely to be a related party?
A) The chief executive officer.
B) A warehouse employee.
C) Affiliated companies.
D) A major stockholder of the company.

Question

Quizplus · Accepted Answer

A warehouse employee is typically not considered a related party in the context of financial reporting and auditing standards. Related parties usually include individuals or entities that can exert significant influence over or have control of the company, such as executives, major stockholders, and affiliated companies.

Which of the Following Is Not Likely to Be a Related