1. Which method of external reporting is proper under GAAP when one company has Control over another?
   1. Cost
   2. Equity
   3. Consolidation
   4. Fair value method
2. Which method of external reporting is proper under GAAP when one company knows the fair value of the stock it owns in another, but the investor has neither significant influence nor control of the investee?
   1. Cost
   2. Equity
   3. Consolidation
   4. Fair value method
3. Under which method does the investor include in its income statement its proportional share of the earnings of the investee company?
   1. Cost
   2. Equity
   3. Consolidation
   4. Fair value method