Long-Term Equity Investments with a controlling interest (50% of votes_are recording using the following accounting method:

Question

Long-Term Equity Investments with a controlling interest (>50% of votes_are recording using the following accounting method:

Quizplus · Accepted Answer

Consolidation is the appropriate accounting method for long-term equity investments with a controlling interest (>50% of votes). This method involves combining the financial statements of the parent company and the subsidiary as if they were a single entity. This provides a more accurate representation of the overall financial position and performance of the group. The other methods listed are more appropriate for investments with lesser levels of control.

Long-Term Equity Investments with a Controlling Interest (>50% of Votes_are