Which of the Following Statements Is False Concerning Variable Interest

question 60

Multiple Choice

Which of the following statements is false concerning variable interest entities (VIEs) ?

• A) Sometimes VIEs do not have independent management.
• B) Most VIEs are established for valid business purposes.
• C) VIEs may be formed as a source of low-cost financing.
• D) VIEs have little need for voting stock.
• E) A VIE cannot take the legal form of a partnership or corporation.

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Definitions:

Primary Motor Area

The primary motor area is a region of the brain's frontal lobe responsible for the initiation of voluntary movement.

Cerebral Cortex

The outer layer of the cerebrum in the brain, involved in various high-level brain functions such as sensation, voluntary muscle movement, thought, reasoning, and memory.

Voluntarily Move

The action of moving muscles at will, involving conscious control, primarily managed by the nervous system.

Sensations

Perceptions or feelings that result from the stimulation of the sensory organs.