An independent auditor finds that the simmer corporation purchased land owned by an officer of the company for an amount in excess of its asking price. this finding indicates the existence of:_________

Question

25-08-2022
Business

contestada

An independent auditor finds that the simmer corporation purchased land owned by an officer of the company for an amount in excess of its asking price. this finding indicates the existence of:_________

Respuesta :

Otras preguntas

The __________ Tariff Act was a disaster because when European nations responded with tariffs on American goods global trade plunged by roughly two thirds from

The outcome of the 2000 presidential election was decided by a A. majority vote of the electoral college. B. majority of the popular vote. C. decision of the Su

7/28 in simplest form

on which two fronts did Germany fight during World War 1

How did Theodore Roosevelt address trusts? He enforced the Sherman Antitrust Act. He sought to destroy good and bad trusts. He helped businesses create trusts.

Rene is going to the lake to visit some friends. If the lake is 60 miles away, and Rene is driving at 40 miles per hour the entire time, how long will it take h

Due to the tilt of the Earth's axis, A. the Eastern and Western Hemispheres have opposite seasons. B. certain regions on Earth can experience non-stop da

Why were the Egyptians successful traders?

2) The leading factor in the European colonization of Asia between 1500 and 1800 was the desire

Which of these statements is an opinion? A. A bedroom is no place for a corn plant B .Maybe you've seen reddish soil on the baseball field C. Soils have differ

smecloudbird18 smecloudbird18 · Answer 1 · 2022-09-04T17:12:43+02:00

An independent auditor finds that the simmer corporation purchased land owned by an officer of the company for an amount in excess of its asking price. This finding indicates the existence of related party transaction.

The term related-party transaction refers to the deal and arrangement which is made between two parties who are joined by a pre existing business relationship and common interest.

Companies often seek business deals with different parties with whom they are familiar and have a common interest.

Related-party transactions are legal, they may create conflicts of interest and lead to other different illegal situations.

To know more about related party transactions here:

https://brainly.com/question/15833579

#SPJ4