Which of the following is true with regard to how to account for company a's investment in company b's common stock?
a. The fair value method is used when A's ownership is presumed to have insignificant influence.
b. The fair value method is used when A's ownership is presumed to be temporary
c. The fair value method is used when A's ownership is presumed to have significant influence
d. The fair value method is used when A's ownership is presumed to be long-term.