Question: Persuasive qualitative evidence that an entity is not a variable interest entity, per U.S. GAAP, includes which one of the following? a. The entitys business
Persuasive qualitative evidence that an entity is not a variable interest entity, per U.S. GAAP, includes which one of the following?
a. The entitys business is not focused on just a few customers.
b. The entitys shareholders are guaranteed a certain return on their investment.
c. The entity can borrow based on its own creditworthiness.
d. The entity has never issued equity shares with no voting interests.
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