When deciding on the appropriate method of accounting that should be used to account for equity securities the main determining factor is? O a. The method that yields the most favorable result. b. The percentage of ownership O c. None of the above O d. Management intent QUESTION 22 XYZ Company has a 519 ownership in Champs Inc. through common stock acquisition. What is the appropriate accounting treatment XYZ should use to account for its investment in Champs Inc. at reporting date? a. None of the above choices b. Consolidation Accounting O C. Fair Value Accounting d. Equity Accounting