The equity method should generally be used to account for an investment in shares when the level of ownership is
A)less than 10%.
B)between 10% and 20%.
C)20% or more.
D)10% or more.

Name: The equity method should generally be used to account for an investment in shares when the level of ownership is A)less than 10%. B)between 10% and 20%. C)20% or more. D)10% or more.
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Quizplus · Accepted Answer

The equity method is generally used when the level of ownership is 20% or more, indicating significant influence over the investee.

The Equity Method Should Generally Be Used to Account for an Investment