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One company acquires another company in a combination accounted for under the acquisition method. The acquiring company decides to apply the equity method in accounting

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One company acquires another company in a combination accounted for under the acquisition method. The acquiring company decides to apply the equity method in accounting for the combination. What is one reason the acquiring company might have made this decision? Multiple Choice It is the only method allowed by the SEC. It is relatively easy to apply It is the only internal reporting method allowed by generally accepted accounting principles. Operating results on the parent's financial records reflect consolidated totals

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