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Revenue is recognized when cash dividends are received under a. the controlling interest method. b. the equity method. c. both the cost and equity methods.

Revenue is recognized when cash dividends are received under

a.

the controlling interest method.

b.

the equity method.

c.

both the cost and equity methods.

d.

the cost method.

  1. A legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company is called

    a.

    trading on the equity.

    b.

    a bond indenture.

    c.

    a term bond.

    d.

    a bond debenture.

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