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If fair value is used to account for an equity investment in common shares under IFRS Select one: A. the investment account will remain at
If fair value is used to account for an equity investment in common shares under IFRS Select one: A. the investment account will remain at cost. B. the earning of a profit by the investee is considered a proper basis for recognition of income by the investor. C. profit of the investee is not considered earned by the investor until dividends are declared by the investee. D. it is presumed that the investor has insignificant influence on the investee
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