Which of These Definitions Is NOT Correct

question 2

Multiple Choice

Which of these definitions is NOT correct?

• A)SIGNIFICANT INFLUENCE: the power to participate in the financial and operating policy decisions of the investee,but without control or joint control.
• B)ASSOCIATE: an entity which is not a subsidiary or joint venture of the investor,but where they hold significant influence has significant influence.
• C)EQUITY METHOD OF ACCOUNTING: the investors share of the profit and loss of investee is not included.
• D)EQUITY METHOD OF ACCOUNTING: investments initially recognized at cost,and adjusted thereafter for post- acquisition changes in the investors share

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Definitions:

Toyota Prius

A hybrid electric vehicle manufactured by Toyota, noted for its fuel efficiency and environmental friendliness.

Core Benefit

The fundamental value or primary advantage that a customer receives from a product or service.

Market Position

The place a brand or product occupies in the mind of the customer and in the market relative to competitors, based on criteria like quality, price, and function.

Market Development

A strategic business process aimed at finding new markets or expanding existing ones for a product or service.