Please help me with this, need the answer ASAP. Thank you!

1. The profit or loss and financial position of an entity will not be affected by a related party relationship if there are no related party transactions within the reporting period.

Select one:

True

or

False

2. An entity's ability to affect the financial and operating policies of an investee is through the presence of all of the following:

I. Control; II. Joint control; and III. Significant influence.

Select one:

True

or

False

3. Entity A has been regularly contributing the required amount to a retirement fund managed by a trustee, Entity B, under a defined contribution plan. If the actuarial present value of promised retirement benefits exceeds the net assets available for benefits, as reported by its trustee (Entity B), Entity A is required to contribute an additional amount to the fund in order for the net assets available for benefits to equal to the actuarial present value of promised retirement benefits.

Select one:

True

or

False

4.

In 2021, an entity, a defendant, recognized a 100,000 provision for estimated losses from a pending lawsuit. In 2022, the entity wins the lawsuit and pays nothing. The entity shall restate its 2021 financial statements to remove the provision.

Select one:

True

or

False

I do hope you could answer this ASAP. THANK YOU!