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    Financial Accounting Study Set 25
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    Exam 15: Specimen Financial Statements: Pepsico, Inc
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    When the Cost Method Is Used to Account for an Investment
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When the Cost Method Is Used to Account for an Investment

Question 166

Question 166

True/False

When the cost method is used to account for an investment in stock, dividends received are accounted for as a reduction in the investment account.

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