The Primary Beneficiary of a Variable Interest Enterprise

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.