An unconsolidated investee is referred to under IFRS and GAAP as an $\begin{array}{lll}
& \text {IFRS} & \text {GAAP}\
\text { I. } & \text { associate } & \text { equity method investe e } \
\text { II. } & \text { equity method investee } & \text { associate } \
\text { III. } & \text { associate } & \text { associate } \
\text { IV. } & \text { equity method investee } & \text { equity method investe e}
\end{array}$

Question

An unconsolidated investee is referred to under IFRS and GAAP as an $\begin{array}{lll}
 & \text {IFRS} & \text {GAAP}\
\text { I. } & \text { associate } & \text { equity method investe e } \
\text { II. } & \text { equity method investee } & \text { associate } \
\text { III. } & \text { associate } & \text { associate } \
\text { IV. } & \text { equity method investee } & \text { equity method investe  e}
\end{array}$

Quizplus · Accepted Answer

Under both IFRS and GAAP, an unconsolidated investee is referred to as an associate or an equity method investee. Therefore, the correct choice is A.

An Unconsolidated Investee Is Referred to Under IFRS and GAAP