Which of the following statements is TRUE regarding the equity method?
A) The equity method is used for reporting gains or losses for non-strategic investments.
B) The investor's share of the associate's dividends declared is reported as revenue.
C) The investor's investment in the associate changes in direct relation to the changes taking place in the associate's equity accounts.
D) The equity method reports unrealized gains and losses on revaluations to fair value in net income.
Correct Answer:
Verified
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