The FASB Define Related Parties as

The FASB define related parties as

A) other parties with which the company may deal if one part controls or can significantly influence the management or operating policies of the other
B) other parties that can influence the management or operating policies of the transacting parties or that has an ownership interest in one of the transacting parties and can influence the other party
C) trusts for the benefit of employees,such as,pension and profit sharing trusts that are managed by union representatives
D) principal debtors of the company and their immediate families
E) management of the company and their immediate families
F) both A and B
G) both A and E
H) both D and E