Under the Cost Method the Investment Is Recorded at Cost

question 156

True/False

Under the cost method the investment is recorded at cost and revenue is recognized only when cash dividends are received.

---

Definitions:

Thoracic

Relating to the thorax, the part of the mammalian body between the neck and the abdomen, housing primary organs such as the heart and lungs.

Lumbar

Referring to the lower back segment of the vertebral column, consisting of five vertebrae.

Sacral

Pertaining to the sacrum, the triangular bone at the base of the spine formed from fused vertebrae, important in the structure of the pelvis.

Cranial Nerves

Twelve pairs of nerves that originate in the brainstem and control motor and sensory functions of the head and neck.