The one-line method of accounting for joint ventures is the same as the equity method of accounting for investments in associates.

Name: The one-line method of accounting for joint ventures is the same as the equity method of accounting for investments in associates.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

The one-line method and the equity method are both used for accounting for investments, with the one-line method specifically used for joint ventures.

The One-Line Method of Accounting for Joint Ventures Is the Same