1. The cost method of accounting for stock investments is used when the company acquires a. Greater than 50% of the company's stock b. Between 20% to 50% of the company's stock c. Less than 20% of the...

1. The cost method of accounting for stock investments is used when the company acquires

a. Greater than 50% of the company's stock

b. Between 20% to 50% of the company's stock

c. Less than 20% of the company's stock

2. The significance of percentage of ownership relates to how much _____________ the acquiring company has in the new company.

a. data

b. control

c. confidence