In accounting, what term is used to describe entities in which an investor has a controlling financial

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In accounting, what term is used to describe entities in which an investor has a controlling financial interest but may not have a majority of voting rights?

(a) Controlling Interest Entity (CIE)

(b) Variable Interest Entity (VIE)

(d) Limited Liability Company (LLC)

Related Book For answer-question

Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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Posted Date: Jan 12, 2024 10:00 PM

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In accounting, what term is used to describe entities in which an investor has a controlling financial

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Advanced Accounting

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