An institution is said to control an asset or business when: a. It has substantially all the

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An institution is said to control an asset or business when:

a. It has substantially all the risks and rewards associated with ownership of such asset.

b. It is not exposed to variable returns from its involvement with such assets or business.

c. It cannot influence those returns through its power over the assets or business.

d. It has all the rewards associated with ownership of such asset but not risks.

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