Question: Under the initial value method, when accounting for an investment in a subsidiary. Multiple Choice 8 0 1 : 3 : 1 9 the investment
Under the initial value method, when accounting for an investment in a subsidiary.
Multiple Choice
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the investment account does not change from year to year.
dividends received by the subsidiary decrease the investment account
dividends received are ignored.
income reported by the subsidiary increases the investment account.
the investment account is adjusted to fair value at yearend.
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