Two entities are not regarded as related parties simply because:
A) one entity is a post- employment benefit plan for the other entity;
B) one entity is a subsidiary of the other entity;
C) a member of the key management personnel of one entity controls the other entity;
D) a member of the key management personnel of one entity has significant influence over the other entity.

Question

Quizplus · Accepted Answer

The Answer of Two entities are not regarded as related parties simply because:
A) one entity is a post- employment benefit plan for the other entity;
B) one entity is a subsidiary of the other entity;
C) a member of the key management personnel of one entity controls the other entity;
D) a member of the key management personnel of one entity has significant influence over the other entity.

Two Entities Are Not Regarded as Related Parties Simply Because