2. Corporate joint ventures should be accounted for by the equity method, provided that the joint venturer:
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2. Corporate joint ventures should be accounted for by the equity method, provided that the joint venturer:
a Cannot exercise significant influence over the joint venture b Can participate in the overall management of the venture c Owns more than 50 percent of the joint venture d All of the above
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Related Book For
Advanced Accounting
ISBN: 9781292214597
13th Global Edition
Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith
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