Match the items below by entering the appropriate code letter in the space provided.

Normally exists when the investor owns $20\%$ or more of the investee's voting sharesAnswer $1$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyEntity whose shares are owned by the parent companyAnswer $2$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyThe investor has control over an investee.Answer $3$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyAmount for which an investment could be sold for in the marketAnswer $4$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyFinancial statements that present the assets and liabilities of the parent and the subsidiary companyAnswer $5$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyAn investment in equity securities that is purchased to influence or control anotherAnswer $6$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companySecurities that are held for resale in the near future, hopefully at a gainAnswer $7$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyDebt instrument held to earn interest income that does NOT mature within the next yearAnswer $8$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyAn investment in which there is intention of establishing and maintaining a long$-$term operating relationshipAnswer $9$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyThe Equity Investment in Common Shares account is adjusted for profit and dividends receivedAnswer $10$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyThe issuer of a bondAnswer $11$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent companyAccounting entries are required to adjust the investment's carrying value for any increase and decrease in its fair valueAnswer $12$ Question $1$Choose...Fair valueLong$-$term investmentSignificant InfluenceInvestments at FVTPLSubsidiary companyConsolidated financial statementsInvestment Income or LossStrategic InvestmentEquity methodInvesteeParent company