Question: Question 1 7 ( 2 points ) How does the equity method of accounting for investments distort earnings? Equity earnings are recorded even if the

Question 17(2 points)
How does the equity method of accounting for investments distort earnings?
Equity earnings are recorded even if the investor cannot exercise influence over the investee's policies.
Income is recognized even though cash may never be received.
The Equity Method has nothing to do with earnings.
Equity earnings are only recorded on a cash basis of accounting.
Equity earnings are recorded when investment ownership is \(100\%\).
Question 1 7 ( 2 points ) How does the equity

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