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A corporation acquires a 30% voting interest in another corporation.

In this situation, the long-term investment is generally accounted for on the investor corporation’s books using which of the following reporting methods?

 A. Lower-of-cost-or-market.

                                  B. Cost.

                   C. Consolidated.

                               D. Equity.

Accounting Auditing Banking
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Question added by Deleted user
Date Posted: 2015/02/24
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ahmed amin
by ahmed amin , Audit supervisor , KPMG

D- investment in associate - equity method

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