All of the following statements regarding accounting for equity investments with controlling influence are true except:
A. The controlling investor is called the parent.
B. The parent uses the consolidation method.
C. These investments are accounted for using fair values with unrealized gains and losses reported in other comprehensive income.
D. An investor who owns more than 50% of a company's voting stock has control over the investee.
E. Consolidated financial statements show the financial statements of all entities under the parent's control, including all subsidiaries.
Answer: C
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Social media advertising is helpful to brand managers because consumers are ________.
A. traditional receivers who browse products online B. end-receivers who buy products online C. active receivers who send user generated content to both friends and advertisers D. traditional consumers who buy products in retail stores E. captive receivers who buy products online
Messages such as information about procedures, equipment, or customer service should be organized using the ____________ strategy
Fill in the blank(s) with correct word
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A. The future event is remote. B. The future event is probable but not estimable. C. The future event is probable and the amount owed can be reasonably estimated. D. The future event is reasonably possible but not estimable. E. The amount owed cannot be reasonably estimated.
(I) The primary issuers of capital market securities are federal and local governments, and corporations. (II) Governments never issue stock because they cannot sell ownership claims
A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false.