The Primary Beneficiary of a Variable Interest Enterprise

question 53

Multiple Choice

The primary beneficiary of a variable interest enterprise:

• A) must include the assets, liabilities, and results of the variable interest enterprise in its consolidated financial statements.
• B) can simply record income on a cash basis when dividends are received or income accrued.
• C) only recognizes a gain or loss on the sale of its interest in the variable interest enterprise.
• D) only includes the results of the variable interest enterprise if it has in excess of 50% of the voting share capital of the variable interest enterprise.

Critically evaluate the use of statistical data in supporting conclusions.

Understand and apply regression analysis in predicting outcomes based on given data.

Interpret regression analysis results, including coefficients and R-squared values.

Recognize different possible cause-and-effect relationships in a given scenario.