Which of the Following Would NOT Be Classified as a Long-Term

question 36

Multiple Choice

Which of the following would NOT be classified as a long-term investment?

• A) ownership with a controlling interest in the investee
• B) ownership of 30% of investee's common shares with significant influence
• C) ownership of 10% of investee's common shares that are actively traded
• D) ownership of common shares accounted for using the equity method

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Definitions:

Online Environment

A digital setting or platform where interactions, transactions, and communications take place over the internet.

Physical Store

A brick-and-mortar retail establishment where consumers can physically browse and purchase merchandise.

Purchase

is the action of acquiring goods or services in exchange for money or an equivalent consideration.

Chi-Square

A statistical test used to determine if there is a significant difference between the expected frequencies and the observed frequencies in one or more categories.