Question: Interim changes in fair value may or may not affect income depending on classification. b . The investment account is recorded at current fair value.
Interim changes in fair value may or may not affect income depending on classification.
b
The investment account is recorded at current fair value.
c
Dividends are not reported as income but instead are treated as a return of the capital invested.
d
Generally used when an investor company owns less than of the acquired company.
e
Uses current fair value to report investments that are actively traded.
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