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ASC 805 is related to the Consolidation of Variable Interest Entities.Describe what a Variable Interest Entity is and discuss why the FASB has difficulty in prescribing when these entities are consolidated?
Unrepresentative Sample
A sample that fails to accurately mirror the population from which it was drawn, potentially leading to skewed research findings.
Argument Form
The structure or pattern of reasoning used in making a logical argument.
Appeal to Pity
A logical fallacy that attempts to win an argument by exploiting the opponent's feelings of pity or guilt rather than by logic or reason.
Disagreement
A situation where two or more parties hold differing views, opinions, or positions on a particular issue or topic.
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