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| 1. If CorpOne owns more than 20% of CorpTwo's common stock, it is an indication that CorpOne may have significant _______________ over CorpTwo. | INFLUENCE ELECFIUNN | Unscramble |
| 2. If CorpOne owns between 20% and 50% of CorpTwo's common stock, CorpOne will likely account for the investment under the ________ method | EQUITY EUIYTQ | Unscramble |
| 3. If CorpOne owns more than 50% of CorpTwo, CorpOne is said to have a ______________ interest in CorpTwo. | CONTROLLING LONCGINLRTO | Unscramble |
| 4. When a corporation owns more than 50% of another corporation, it is likely that ________________ financial statements will be issued. | CONSOLIDATED DOSTINAEDLCO | Unscramble |
| 5. Held-to-____________ securities are not reported on the balance sheet at their fair value. | MATURITY TTAMYIRU | Unscramble |
| 6. __________ securities are a portfolio of stocks and bonds where the intention is to sell the securities in the near future. | TRADING DITGNAR | Unscramble |
| 7. ___________-for-sale securities are reported on the balance sheet at their fair value. | AVAILABLE ELALBIVAA | Unscramble |
| 8. The changes in the fair value of the portfolio of the trading securities are referred to as _______________ gains or losses. | UNREALIZED ZURDENLIAE | Unscramble |
| 9. The changes in the fair value of the portfolio of the available-for-sale securities are reported as a separate item within ____________________' equity. | STOCKHOLDERS OKLOTRSEHSCD | Unscramble |
| 10. The portfolio of held-to-maturity securities is likely to consist of these securities. | BONDS DNSBO | Unscramble |
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Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com
