Which of the following is not a factor that indicates a business enterprise that establishes...
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Accounting
Which of the following is not a factor that indicates a business enterprise that establishes a Variable Interest Entity should consolidate such Variable Interest Entity with its own financial statements?
Multiple Choice
The business enterprise establishing a Variable Interest Entity has the obligation to absorb potentially significant losses of the Variable Interest Entity.
The business enterprise establishing a Variable Interest Entity has the right to receive potentially significant benefits of the Variable Interest Entity.
The business enterprise establishing a Variable Interest Entity receives risks and rewards of the Variable Interest Entity in proportion to equity ownership.
The business enterprise establishing a Variable Interest Entity has power through voting rights to direct the entity's activities that significantly impact economic performance.
The business enterprise establishing a Variable Interest Entity is a primary beneficiary for the Variable Interest Entity.
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