What is a term often used to describe the equity method of accounting?
A)the 20% rule
B)one-line consolidation
C)significant influence
D)disaggregated consolidation

Question

Quizplus · Accepted Answer

The equity method of accounting is often referred to as "one-line consolidation" because the investor reports its share of the investee's net income or loss in a single line on its income statement.

What Is a Term Often Used to Describe the Equity