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NEW QUESTION: 1
A. Option D
B. Option C
C. Option A
D. Option B
Answer: D
NEW QUESTION: 2
RS is a listed entity that has no subsidiaries although its Finance Director is also a director of TU, an unconnected entity.
It is preparing its financial statements to 30 September 20X6.
Which of the following substantial transactions must be disclosed in these financial statements in accordance with IAS 24 Related Party Disclosures?
A. Pension payments made on behalf of the Managing Director of RS.
B. Performance related bonus payments made to the office staff for the year.
C. Purchase of production materials from TU at a discounted price to the current market value.
D. Sale of finished goods to TU at normal selling price.
Answer: A
NEW QUESTION: 3
With speculative investments like oil wells and horse races, money is more easily made or lost; the gain is
______ with the risk.
A. better
B. greater
C. less
D. commensurate
E. equal
Answer: D
Explanation:
Explanation/Reference:
In speculation, a gain is not necessarily greater or less or better with risk. It may occasionally be equal
with the risk, but it is most usually commensurate(corresponding in extent of degree) with it.