Review the meaning of the following concepts or terms discussed in this chapter a Minority investment.

b Minority interest.

c Majority investment.

d Marketable securities versus long-term investments.

e Lower-of-cost-or-market method.

f Equity method.

g Parent.

h Subsidiary.

i Consolidated statements.

j Purchase method.

k Goodwill.

1 Pooling-of-interests method.

m Adjustments and eliminations in consolidated work sheet.

n Intercompany transactions.

o Managing earnings.

p Monetary items.

q Nonmonetary items.

\(\mathbf{r}\) Exchange rate.