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The cost method of accounting for long-term investments in stock should be employed when the investor's influence on the investee is insignificant. investor owns more

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The cost method of accounting for long-term investments in stock should be employed when the investor's influence on the investee is insignificant. investor owns more than 50% of the investee's stock. O investor has significant influence on the investee and the stock held by the investor are marketable equity securities. O market value of the shares held is greater than their historical cost

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