If an Investor Company Made the Following Entry to Record $\begin{array} { l } \text {Cash}&10,000\\& \text {Dividend Revenue }&10,000\\\end{array}$

question 32

Multiple Choice

If an investor company made the following entry to record receipt of a cash dividend, $\begin{array} { l } \text {Cash}&10,000\\& \text {Dividend Revenue }&10,000\\\end{array}$

Which accounting method must the investor company be using?

• A)Cost method
• B)Equity method
• C)Fair value method
• D)Purchase method

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Definitions:

Reimbursement

The process of being repaid or compensated for expenses or losses incurred.

Comprehensive Metabolic Panel

A blood test that measures your sugar (glucose) level, electrolyte and fluid balance, kidney function, and liver function.

Quantitative Glucose Test

A diagnostic test that measures the precise amount of glucose in a person's blood.

Fraudulent Coding

Involves incorrect or deceptive medical coding practices intended to unjustly increase reimbursement from healthcare payers.