Which statement regarding investments in equity securities isincorrect?

A.

Significant influence equity investments are always reported aslong-term assets on the balance sheet.

B.

Investments in equity securities are classified into three specific types based on theinvestor's level of influence over the investee company.

C.

Generally, no significant influence exists if there is an ownership interest of less than20% of theinvestee's voting stock.

D.

Significant influence equity investments are consolidated into theinvestor's financial statements.