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For Accounting Purposes,the Method Used to Account for Long-Term Investments

Question 58

Multiple Choice

For accounting purposes,the method used to account for long-term investments in common stock is determined by:


A) the size of the investor.
B) the size of the investor when compared to the size of the investee.
C) vote by the Board of Directors of the investor.
D) the investor's percentage ownership of the investee's stock.

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