alleryStart learning →Which is cited in AS 18 as an example of a related party transaction?
ADeclaring a dividend
BIssue of debentures
CPayment of income tax
DGuarantees and collaterals
Answer & Solution
Correct answer: D. Guarantees and collaterals
Guarantees and collaterals appear in the standard's list of example related party transactions, unlike tax payment or dividends.
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