Determining whether transactions are related party transactions   LO2, 3, 4 Which of the following is a related party transaction and, under AASB 124/IAS 24, requires disclosure in the annual financial statements?

(a) An annual cash bonus amount paid to factory workers employed by the entity

(b) A performance-related amount paid to the directors of the entity

(c) A loan of $15 000 advanced to the chief financial officer of an entity and which is outstanding at the end of the reporting period

(d) A loan for $60 000 that was made to a retired director of an entity, and which was written off as an uncollectible debt during the current financial year