Why must financial statements provide information about related parties?Your answerABecause a transaction with a related party runs against the entity's interests and must therefore be flagged to users.BBecause these relationships, transactions and balances may affect financial position and profit or loss, even though such relationships are a normal feature of business.CBecause transactions with related parties must be measured at a value different from that of transactions with third parties, in order to reflect the risk of conflicts of interest they carry.DBecause a relationship with a related party reveals an irregularity that must be corrected in the accounts.SubmitHint