Answered: he following does not indicate an…

he following does not indicate an investor company's ability to significance an investee? A. Technological dependency B. Material intra-entity transactions C. Interchange of person

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Which of the following does not indicate an investor company's ability to significance an investee?

A. Technological dependency

B. Material intra-entity transactions

C. Interchange of personnel

D. The investor owns 30 percent of the investee but another owner holds the remaining 70 percent

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