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8) In the case of an investment in equity securities where the investor does not have significant influence and the investment is carried at fair

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8) In the case of an investment in equity securities where the investor does not have significant influence and the investment is carried at fair value, a dividend from the investee is: A) A reduction of the carrying amount of the investment B) Income to the investor in the period of declaration. An expense to the investor in the period of declaration. ) A direct increase to retained earnings of the investor to offiset the direct decrease to retained earnings of the investee

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