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RELATED PARTY DISCLOSURE PROCEDURE This procedure is governed by its parent policy. Questions regarding this procedure are to be directed to the identified Procedure Administrator. Functional Category: Parent

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What is related party disclosure procedure?

Related party disclosure procedure is a process that requires entities to disclose transactions and relationships with related parties in financial statements.

Who is required to file related party disclosure procedure?

All entities, including companies, organizations, and individuals, are required to file related party disclosure procedure if they have transactions with related parties.

How to fill out related party disclosure procedure?

Related party disclosure procedure can be filled out by providing details of transactions with related parties, including the nature of the relationship, the amount of transactions, and any other relevant information.

What is the purpose of related party disclosure procedure?

The purpose of related party disclosure procedure is to provide transparency and ensure that financial statements accurately reflect transactions and relationships with related parties.

What information must be reported on related party disclosure procedure?

Information that must be reported on related party disclosure procedure includes details of related party transactions, the nature of relationships, the amount of transactions, and any other relevant information.

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