Which of the following methods uses procedures closest to those used in preparing consolidated financial statements?

Question

Quizplus · Accepted Answer

The equity method is the best choice as it involves recognizing the investor's share of the investee's profits or losses in the investor's income statement, similar to the consolidation process used in preparing consolidated financial statements. The other methods do not involve recognizing the investor's share of the investee's profits or losses in this way.

Which of the Following Methods Uses Procedures Closest to Those