Question 54 Not yet answered Marked out of 3.00 Flag question Which of the following statements is false for fair value method accounting? Select one: a. Generally used when an investor company owns less than 20% of the acquired company. b. Uses current fair value to report investments that are actively traded. C. Interim changes in fair value may or may not affect income depending on classification. d. The investment account is recorded at current fair value. e. Dividends are not reported as income but instead are treated as a return of the capital invested.