03. Equity securities acquired by a corporation which are accounted for by recognizing unrealized holding gains or losses are Select one: O a securities where a company has holdings of less than 20% and has no significant influence over the investee. O b. securities where a company has holdings of more than 20% and has significant influence over the investee. O c. securities where a company has holdings of more than 50%. O d. none of the above. 04. When a company holds between 20% and 50% of the outstanding stock of an investee, which of the following statements applies? Select one: O a. The investor should always use the equity method to account for its investment O b. The investor should use the equity method to account for its investment unless circumstances indicate that it is unable to exercise "significant influence" over the investee. O c. The investor must use the fair value method unless it can clearly demonstrate the ability to exercise "significant influence" over the investee. O d. The investor should always use the fair value method to account for its investment