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Which related party transactions include all

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Reference no: EM132696624

Problem 1: Related party transactions include all, except

a. A venturer sold goods to the joint venture.

b. Sold a car to the uncle of the entity's finance director.

c. Sold goods to another entity owned by the daughter of the entity's managing director.

d. All of these are related party transactions.

Problem 2: All of the following are related party transactions, except

a. Transferred goods from inventory to a subsidiary

b. Sold an entity car to the wife of the managing director

c. Sold an asset to an associate

d. Took out a huge bank loan

Reference no: EM132696624

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