If the Investor Sells Part of Its Stake in an Associate

question 38

Multiple Choice

If the Investor sells part of its stake in an Associate, accounted for using the equity method, which method is used to calculate the gain or loss on the sale of these shares?

• A) The average carrying amount of the Investment.
• B) FIFO.
• C) LIFO.
• D)Specific Identification.

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Definitions:

Evolutionary Psychologists

Researchers who study human behavior, mind, and traits as adaptations shaped by evolutionary processes.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Relevant Course Materials

Educational content and resources that are directly related to and supportive of the objectives of a specific academic course.

Conventional Gender Roles

Traditional societal expectations attached to individuals based on their biological sex, often defining behavior, occupations, and social norms.