AS - 18 : Related Party Disclosure is.............. to non Small & Medium
Companies.
option:- a)non mandatory b)mandatory c) recognize d) non recognize
Answers
Answered by
17
Answer:
Non mandatory is the answer
Explanation:
Answered by
0
Related Party Disclosure is non mandatory to non Small & Medium Companies.
Explanation:
- A related-party transaction is a deal between two parties who have done business together in the past.
- Related party transactions are investigated by regulatory organisations because some, but not all, have the potential for conflicts of interest.
- If left unchecked, misuse of related-party transactions could result in fraud and financial ruin for all parties involved.
- In the United States, related-party transactions are regulated to ensure that they are free of conflict and have no negative influence on the company's shares or earnings.
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