Question: Discussion Topic 1 : Variable Interest Entities Alternate Entity Transactions Respond to your Discussion topic after you have completed your Reading and the Learning Activity.

Discussion Topic 1: Variable Interest Entities
Alternate Entity Transactions
Respond to your Discussion topic after you have completed your Reading and the Learning Activity.
There are many forms of relationships a firm can have with another organization. One of these common forms is the variable rate entity. Please consider this concept as you answer the following questions:
Describe a variable interest entity.
How is the primary beneficiary established?
When is the variable interest entity subject to the consolidation process?

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