An investment in an associate or joint venture is reported using the _____________ method from the date on which it becomes an associate or joint venture.

Name: An investment in an associate or joint venture is reported using the _____________ method from the date on which it becomes an associate or joint venture.
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Question

Quizplus · Accepted Answer

The equity method is used for accounting for investments in associates or joint ventures, reflecting the investor's share of the earnings and changes in the investee's net assets.

An Investment in an Associate or Joint Venture Is Reported