Dividends Received on Investments Are Accounted for in the Same

question 93

True/False

Dividends received on investments are accounted for in the same way under the cost-adjusted-to-market and the equity methods.

---

Definitions:

Tax

A mandatory monetary fee or different kind of tax enforced on a taxpayer by a government entity.

Supply

The aggregate supply of a distinct item or service offered to purchasers.

Cloth

A material made from fibers, woven or knitted together, used to make garments and other items.

Severe Drought

An extended period of exceptionally low rainfall, leading to a shortage of water.