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If the investor has no significant influence over an associate, how should the investment be treated? It should still be treated using equity accounting.O The
If the investor has no significant influence over an associate, how should the investment be treated? It should still be treated using equity accounting.O The investment should be treated as other receivable. It should be treated in accordance with IFS Financial Instruments. The investment should be treated at cost
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
