If the Equity Method Is Being Used, the Revenue from Investment

question 119

Multiple Choice

If the equity method is being used, the Revenue from Investment account is

• A)just another name for a Dividend Revenue account.
• B)credited when dividends are declared by the investee.
• C)credited when net income is reported by the investee.
• D)debited when dividends are declared by the investee.

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Definitions:

Certified Forest

A forest area that has been assessed and recognized by a certifying body for being managed in an environmentally responsible, socially beneficial, and economically viable manner.

Forest Stewardship Council

An international non-profit organization that sets standards for responsible forest management to ensure environmental sustainability, social benefit, and economic viability.

Sustainable Forestry Initiative

A program promoting responsible forest management practices that maintain the ecological, social, and economic values of forests.

Biodiversity

The variety of life in the world or in a particular habitat or ecosystem.