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Fast and please explain also. A company uses Accounting Standards for Private Enterprises (ASPE) and has significant influence over an investee. Which method or methods
Fast and please explain also.
A company uses Accounting Standards for Private Enterprises (ASPE) and has significant influence over an investee. Which method or methods can a company use when reporting such an investment? a. It may use cost, equity, or fair value methods when reporting such an investment. ob. It must use the equity or cost methods when reporting such an investment. O c. It may use the cost method for some such investments and the equity method other such investments. d. It can use either cost or the fair value methods when reporting such an investmentStep by Step Solution
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