Answered: related parties of the reporting…

Business

Accounting

related parties of the reporting entity,

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter9: Operating Activities

Section: Chapter Questions

Problem 11QE

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Question

According to PAS 24, all the followingare not necessarily considered related parties of the reporting entity, except:

a Post-employment benefit plans.

b Providers of finance

c Public utilities

d Trade unions

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