5 . Starting in 2011 , what is the definition of a private enterprise ( PE ) under Canadian GAAP ? A. A corporation that has no public shareholders . B. A corporation that has less than 500 shareholders and is not listed on a stock exchange . C. A corporation which is not profit oriented . D. A profit oriented enterprise that has none of its issued and outstanding financial instruments traded in a public market and does not hold assets in a fiduciary capacity for a broad group of outsiders as one of its primary businesses