Which of the Following Characteristics Is Not Indicative of an Enterprise

Which of the following characteristics is not indicative of an enterprise qualifying as a primary beneficiary with a controlling financial interest in a variable interest entity?

A) The direct ability to make decisions about the entity's activities.
B) The indirect ability to make decisions about the entity's activities.
C) The obligation to absorb the expected losses of the entity if they occur.
D) No ability to make decisions about the entity's activities.
E) The right to receive the expected residual returns of the entity if they occur.