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    Financial and Managerial Accounting Study Set 1
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    Exam 26: Investments
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    When a Stock Investment with Insignificant Influence Is Sold,the Sale
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When a Stock Investment with Insignificant Influence Is Sold,the Sale

Question 148

Question 148

True/False

When a stock investment with insignificant influence is sold,the sale proceeds are compared with the cost,and if the cost is greater than the proceeds,a gain on the sale of the security is recorded.

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