The equity method is required to be used when an investor has the ability to exert signiﬁcant inﬂuence over the investee.

Name: The equity method is required to be used when an investor has the ability to exert signiﬁcant inﬂuence over the investee.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

According to the accounting standard ASC 323, the equity method is required to be used when an investor has the ability to exert significant influence over the investee.

The Equity Method Is Required to Be Used When an Investor