Question: The reporting entity may elect the fair value option (FVO) for A. An interest in a variable interest entity (VIE) if the reporting entity is

The reporting entity may elect the fair value option (FVO) for
A. An interest in a variable interest entity (VIE) if the reporting entity is the primary beneficiary.
B. An investment consisting of more than 50% of the outstanding voting interests of another entity.
C. Most financial assets and liabilities.
D. Its obligation for pension and other postretirement employee benefits.

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