The cost method should be used when a corporation makes a long-term investment of less than 20%,

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The cost method should be used when a corporation makes a long-term investment of less than 20%, and there is no significant control.  pg74

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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