Multiple Choice
Which of the following observations is NOT consistent with the cost method of accounting?
A) Investee dividends from earnings since acquisition by investor are treated as reduction of investment.
B) Investments are carried by the investor at historical cost.
C) Differential is not amortized or written off.
D) It is consistent with the treatment normally accorded noncurrent assets.
Correct Answer:
Verified
Correct Answer:
Verified
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