Question: to hempany has been using the equity method to account for its investment. The company sells shares and does not to have significant influence. Which

to hempany has been using the equity method to account for its investment. The company sells shares and does not to have significant influence. Which of the following statements is true?

00

34

28

Multiple Choice

A cumulative effect change in accounting principle must occur.

A prospective change in accounting principle mushoccur.

A retrospective change in accounting principle must occur.

The investor will not receive future dividends from the investee.

to hempany has been using the equity method to

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