Equity investments with no significant influence must be adjusted at the end of the year and reported at fair value.

Name: Equity investments with no significant influence must be adjusted at the end of the year and reported at fair value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to accounting standards, equity investments with no significant influence must be adjusted at the end of the year and reported at fair value. This is known as mark-to-market accounting. Therefore, the statement is true.

Equity Investments with No Significant Influence Must Be Adjusted at the End