Question: A company has been using the fair-value method to account for its investment. Th and the equity method has been deemed appropriate. Which of the

A company has been using the fair-value method to account for its investment. Th and the equity method has been deemed appropriate. Which of the following statMultiple ChoiceA prospective change in accounting principle must occur.The investor will not receive future dividends from the investee.A cumulative effect change in accounting principle must occur.A retrosoective chanoe in accounting orinciple must occur.

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