Question: A business organization should always use the equity method to account for an investment if: Group of answer choices It has the ability to exercise
A business organization should always use the equity method to account for an investment if:
Group of answer choices
It has the ability to exercise significant influence over the operating policies of the investee.
It owns of another company's voting stock.
It has a controlling interest more than of another company's stock.
The investment was made primarily to earn a return on idle cash.
It does not have the ability to exercise significant influence over the operating policies of the investee.
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