Special purpose entities are now called _____ by the Financial Accounting Standards Board.
A)variable interest entities
B)off-balance-sheet entities
C)structured finance entities
D)risk mitigation vehicles

Question

Quizplus · Accepted Answer

The Financial Accounting Standards Board (FASB) now uses the term "Variable Interest Entities" (VIEs) to refer to what were formerly known as Special Purpose Entities (SPEs).

Special Purpose Entities Are Now Called _____ by the Financial