The equity method of accounting is used if the investor owns between 20-50% of another company and the investor is able to exert influence over the other company.

Name: The equity method of accounting is used if the investor owns between 20-50% of another company and the investor is able to exert influence over the other company.
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Question

Quizplus · Accepted Answer

The statement is true. The equity method of accounting is used when the investor owns between 20-50% of another company and has significant influence over the other company.

The Equity Method of Accounting Is Used If the Investor