Which of the following is the correct matching concerning the appropriate accounting for long-term stock investments? $\begin{array}{llcc}
\underline{ \text {$ \% $ of Investor Ownership }} & \underline{ \text { Accounting Guidelines }} \
\end{array}$
A)$\begin{array}{ll}
\text { Less than } 20 \% &&&&& \text { Cost method } \\end{array}$
B)$\begin{array}{ll}\text { Between } 20 \%-50 \% && \text { Cost method } \\end{array}$
C)$\begin{array}{ll}\text { More than } 50 \% &&&& \text { Cost or equity method } \\end{array}$
D)$\begin{array}{ll}\text { Between } 20 \%-50 \% && \text { Consolidated financial statements }
\end{array}$

Question

Which of the following is the correct matching concerning the appropriate accounting for long-term stock investments? $\begin{array}{llcc}
 \underline{  \text {$ \% $ of Investor Ownership  }} &  \underline{ \text { Accounting Guidelines }} \
\end{array}$
A)$\begin{array}{ll}
\text { Less than } 20 \% &&&&& \text { Cost method } \\end{array}$
B)$\begin{array}{ll}\text { Between } 20 \%-50 \% && \text { Cost method } \\end{array}$
C)$\begin{array}{ll}\text { More than } 50 \% &&&& \text { Cost or equity method } \\end{array}$
D)$\begin{array}{ll}\text { Between } 20 \%-50 \% && \text { Consolidated financial statements }
\end{array}$

Quizplus · Accepted Answer

The Answer of Which of the following is the correct matching concerning the appropriate accounting for long-term stock investments? $\begin{array}{llcc}
 \underline{  \text {$ \% $ of Investor Ownership  }} &  \underline{ \text { Accounting Guidelines }} \
\end{array}$
A)$\begin{array}{ll}
\text { Less than } 20 \% &&&&& \text { Cost method } \\end{array}$
B)$\begin{array}{ll}\text { Between } 20 \%-50 \% && \text { Cost method } \\end{array}$
C)$\begin{array}{ll}\text { More than } 50 \% &&&& \text { Cost or equity method } \\end{array}$
D)$\begin{array}{ll}\text { Between } 20 \%-50 \% && \text { Consolidated financial statements }
\end{array}$

Which of the Following Is the Correct Matching Concerning the Appropriate