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Which of the following conditions is not required to apply the historical cost method to an equity investment in another firm? a. The investee's shares

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Which of the following conditions is not required to apply the historical cost method to an equity investment in another firm? a. The investee's shares are not publicly traded. b. There is no ability to significantly influence the investee. c. The firm does not have control over the investee. d. The firm has a close relationship with the investee

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