When a Primary Beneficiary initially consolidates a variable interest entity (VIE), the primary beneficiary must determine whether the VIE is a "business" as defined by FASB ASC 805 because:

A.)The initial consolidation-date fair value of the VIE's identifiable net assets will depend on whether the VIE is a "business" B.) FASB ASC 805 only applies to acquisitions of "businesses," so the Primary Beneficiary can avoid consolidation if the VIE is not a business. C.) If the VIE is not a "business," then a gain or loss is always recognized upon initial consolidation by a Primary Beneficiary. D.) Goodwill is only recognized by the Primary Beneficiary when a consolidated VIE is a "business."

Give the right answer and why it is correct, thanks!