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    Business
  3. Study Set
    Intermediate Accounting Study Set 3
  4. Exam
    Exam 4: Statements of Financial Position and Changes in Equity; Disclosure Notes
  5. Question
    Related Party Transactions, Not in the Normal Course of Business
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Related Party Transactions, Not in the Normal Course of Business

Question 140

Question 140

Multiple Choice

Related party transactions, not in the normal course of business, must be recorded at:


A) book value.
B) fair value.
C) amortized cost.
D) carrying value.

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