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  1. business
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  3. which of the following statements regarding equity

Which of the following statements regarding equity securities with significant influence is false? Multiple Choice...

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Accounting

Which of the following statements regarding equity securities with significant influence is false?
Multiple Choice
An investor who owns between 20% and 50% of a company's voting stock usually has significant influence.
The equity method is used for long-term investments in equity securities with significant influence.
Long-term investments in equity securities with significant influence are recorded at cost when acquired.
Cash dividends earned by an investor with significant influence are recorded with a debit to Cash and a credit to Dividend Revenue.
When the investee reports its earnings, the investor records its share of those earnings in its investment account.
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