When the equity method is discontinued due to there no longer being significant influence, the investment carrying amount becomes the initial 'cost' recognition for whatever method takes its place.
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Verified
Q2: A joint venture structured as a Jointly
Q3: Note Ltd is an associate of Sound
Q4: A company that controls other companies may
Q5: Jointly controlled operations (JCOs) are not legal
Q6: Note Ltd and Score Ltd are associates
Q7: A Jointly Controlled Entity could be structured
Q8: The Sporty joint venture was set up
Q9: Dick Ltd acquired 17% of the issued
Q10: Lola Ltd acquired 20% of and
Q11: Andre Pty Ltd has a 33.3% share
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