According to GAAP relative to consolidation of variable interest entities,

A$.$ A variable interest entity has an equity investment of more than $10\%$ of its total assets.

B$.$ A not$-$for$-$profit organization may not be treated as a variable interest entity.

C$.$ Corporations may not be organized as variable interest entities.

D$.$ A variable interest entity is consolidated by its primary beneficiary when the beneficiary becomes involved with the entity.