When an Entity Reduces Its Interest in an Investment in Equity

question 76

Multiple Choice

When an entity reduces its interest in an investment in equity securities accounted for by the equity method, and changes to the fair value method, what is the initial cost value for purposes of subsequent changes in market value?

• A) Book value at the date of change
• B) Original cost
• C) Market value at the date of the change
• D) Market value at the date of acquisition

Comprehend the defenses available to employers in employment discrimination suits, including bona fide occupational qualifications and business necessity.

Analyze scenarios involving employment discrimination to determine potential violations of federal employment laws.

Understand the implications of the Age Discrimination in Employment Act in relation to employment practices.

Distinguish between different types of harassment in the workplace, including sexual harassment and hostile work environment.

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Definitions:

Finance Manager

A professional responsible for managing a company's financial activities, including budgeting, forecasting, and investment analysis.

Financing

The process or means of providing funds for business activities, making purchases, or investing.

Purchase Assets

The act of acquiring property, equipment, or other valuable items that are expected to generate revenue or appreciate in value over time.

Mutual Fund

An investment program funded by shareholders that trades in diversified holdings and is professionally managed.