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Which of the following investments below should be accounted for using the cost method?

a) tempory investments in stocks

b) long-term investments in stock where the investor does not have a significant influence over theinvestee

c) long-term investment in stock where the investordoes have a significant influence over theinvestee

d) temporary investments in stocks and long-term investments in stock where where the investor does not have asignificant influence over the investee.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9797540

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