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Which of the following statements is true regarding an investee that received a dividend distribution...

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Accounting

Which of the following statements is true regarding an investee that received a dividend distribution from an entity and is presumed to have little influence over the entity? A . The cash dividends received increase the investee investment account accordingly. B . The investee must adjust the investment account by the ownership interest. C . The investment account is adjusted downward by the percentage of ownership. D . The investee must record the cash dividends as dividend revenue

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