Under the equity method, the investor recognizes as revenue (expense) each period _____. The investor recognizes dividends received from the investee as a(n) _____
a. only when it receives dividends; a return (reduction) of investment.
b. only when it receives dividends; income
c. its share of the net income (loss) of the investee; a return (reduction) of investment.
d. its share of the net income (loss) of the investee; income
e. all of the net income (loss) of the investee; a return (reduction) of investment.
C
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a. true b. false
When expenses exceed revenues, the resulting change in equity is called:
A. Negative equity. B. Net income. C. A liability. D. Net loss. E. Net assets.
Which of the following can managers do to make individual contributions identifiable in order to effectively eliminate social loafing? (Choose all that apply.)
-Assigning specific tasks to group members -Assign group goals -Holding individuals accountable -Acknowledging only team results
Losses of the business allocated to a limited partner in a limited partnership or an LLLP offset his income from any other sources.
Answer the following statement true (T) or false (F)