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Question(s) / Instruction(s):

12. A company should always use the equity method to account for an investment if (Points : 1)
        it has the ability to exercise significant influence over the operating policies of the investee
        it owns 30% of another companys stock
        it has a controlling interest (more than 50%) of another companys stock
        the investment was made primarily to earn a return on excess cash
        it does not have the ability to exercise significant influence over the operating policies of the investee

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