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Describe the && and || Constructs

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Describe the && and || constructs. How and why are they used?

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Definitions:

Equity in Investee Income

The portion of income attributed to a parent company from its investment in another company, based on the parent's ownership percentage.

Investment Income

The money earned from various investments, including dividends, interest, or rental income.

Significant Influence

The power to participate in the financial and operating policy decisions of an entity, but not control those policies.

Fair-value Method

An accounting strategy used to measure and report assets and liabilities on the basis of estimated fair market prices.

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