Examples of related party transactions that must be disclosed include:
A) settlement of liabilities;
B) disposal of assets;
C) purchase or sales of goods;
D) all of the above.

Question

Quizplus · Accepted Answer

All of the above transactions must be disclosed if they involve related parties. Settlement of liabilities or disposal of assets can result in transfer of value to related parties, while purchase or sale of goods can involve favorable terms that may not be offered to unrelated parties. Disclosing these transactions ensures transparency and helps prevent conflicts of interest.

Examples of Related Party Transactions That Must Be Disclosed Include