While a company can create a special purpose entity for sound business reasons, it can also make its financial statements look better by creating an entity and then not consolidating the entity, primarily because if they don$$t consolidate:

Select one:

a$.$

Debt is under$-$reported

b$.$

Debt is over$-$reported

c$.$

Expenses are under$-$reported

d$.$

Assets are under$-$reported