1. True or False- 1 punto The equity method should be used if the ability to exercise significant influence is temporary or if the investee is a foreign company operating under severe exchange restrictions or controls. 2. True or False - 1 punto Under the fair value/cost method the dividend received are record as Income from Investment. True or False- 1 punto The fair value/cost method is used for common stock investments of less than 20% unless it can be demonstrat that the investor company has the ability to exercise significant influence over the investee company