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All of the following statements regarding stock investments with insignificant influence are true except for: A)T hey are recorded at cost when acquired. B They

All of the following statements regarding stock investments with insignificant influence are true except for:

A)They are recorded at cost when acquired.

B They are valued at fair value.

C) They report realized gain (or loss) in a permanent asset account, Fair Value AdjustmentStock.

D)They are adjusted to fair value at the end of each period

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