Question

An enterprise that holds a variable interest in a variable interest entity (VIE) is required to consolidate the assets, liabilities, revenues, expenses, and noncontrolling interest of that entity if: The VIE has issued no voting stock. The variable interest held by the enterprise involves a lease. The enterprise has a controlling financial interest in the VIE. Other equity interests in the VIE have the obligation to absorb the expected losses of the VIE.

Answer 1

answer:

• the substances having shared budgetary enthusiasm for one another elements like exchanging the benefits starting with one element then onto the next at a lower cost and so on the variable intrigue elements have money related connections like in the event that it exchanges the advantages the advantages at lower at lower rates of offer certification to the obligations of different elements or assimilates misfortunes or rights to get benefits and so on.
• at that point the elements money related articulations are merged .
• the variable intrigue elements have utilized in light of the fact that the hazard and reward identified with the element fluctuates relying on the element's financial intrigue.
• the variable intrigue elements must not have the proprietorship through the casting a ballot rights.
• the substance getting the essential recipient from the budgetary help of the other element will merge the advantages, liabilities and the enacts results in factors intrigue element in its united monetary explanations.
• the element will be treated as factor intrigue element when the accompanying conditions exists which are as under.
• where the elements have appropriate to take choices with respect to money related exercises of different substances which results into huge budgetary benefits and the aggregate value in danger isn't adequate to allow the lawful element to life partner the actives of the element then the element will be dealt with variable buries element.
• where there is a commitment to retain misfortunes or appropriate to get the benefits or befits which are huge from of other substance or both the substance are accessible then the elements will be treated as factor intrigue element.

so finallay the corret answer is (The enterprise has a controlling financial interest in the VIE.)

• the right answer expressing that the substance which has a privilege to take choices for the money related enthusiasm of other element are the variable premium element and thusly it needs to unite the every one of the benefits, liabilitilation.es and so forth in the merged budgetary articu