D is corrent. ASC Topic 850 requires disclosure of any material related-party transactions except
A is incorrect because surety and guaranty agreements between related parties are not specifically exempted from disclosure by ASC Topic 850, and therefore must be disclosed as related-party transactions.
B is incorrect because nonmonetary exchanges by affiliates are not specifically exempted from disclosure by ASC Topic 850, and therefore must be disclosed as related-party transactions.
C is incorrect. ASC Topic 850 states that compensation arrangements, expense allowances, and similar items in the ordinary course of business need not be disclosed as related-party transactions. However, in this case the allowances are in excess of normal business practice and therefore must be disclosed.
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