Claudia Martel knows that financial reporting fraud transactions require disclosure. However, she is not sure whether related party transactions require disclosure. You advise her that related party transactions require
A) disclosure.
B) no disclosure.
C) disclosure only if there is risk of fraud.
D) auditor judgment.

Question

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The Answer of Claudia Martel knows that financial reporting fraud transactions require disclosure. However, she is not sure whether related party transactions require disclosure. You advise her that related party transactions require
A) disclosure.
B) no disclosure.
C) disclosure only if there is risk of fraud.
D) auditor judgment.

Claudia Martel Knows That Financial Reporting Fraud Transactions Require Disclosure