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statements? Multiple Choice 0 9 A consolidation must occur if the firm is entitled to receive all of the VIE's residual returns. A consolidation must

statements?

Multiple Choice

09

A consolidation must occur if the firm is entitled to receive all of the VIE's residual returns.

A consolidation must occur if the firm has a controlling financial interest and is the VIE's primary beneficiary.

A consolidation must occur if the sponsoring firm owns more than

50 %

of the VIE's equity.

A consolidation must occur regardless of the risk of loss exposure.

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