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    Fundamental Accounting Principles Study Set 1
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    Exam 15: Investments
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    If a Long-Term Investment in an Equity Security Gives the Investor
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If a Long-Term Investment in an Equity Security Gives the Investor

Question 41

Question 41

True/False

If a long-term investment in an equity security gives the investor significant influence over the investee, the investment is classified as available-for-sale.

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