An entity method is applied to corporate joint ventures and to investments in certain less than majority-owned companies in circumstances where:

An entity method is applied to corporate joint ventures and to investments in certain less than majority-owned companies in circumstances where:
A . the investment is for the long term
B . the investor company has the ability to exercise significant influence over the operating and financial policies of the investee company.
C . Both A & B
D . Neither A nor B

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Answer: C