Which of the following statements regarding consolidation of a VIE with its primary beneficiary is true?

A) The consolidation of a VIE with its primary beneficiary requires the business enterprise to follow a separate process than the one required for consolidations based on voting interests.

B) All intra-entity transactions between the primary beneficiary and the VIE are included in the consolidation.

C) Only intra-entity transactions between the primary beneficiary and the VIE resulting from intra-entity transfers are eliminated in the consolidation.

D) VIEs with controlling interests must include one hundred percent of the primary beneficiarys net income in a consolidation.

E) The allocation of the VIEs net income is based on an analysis of the underlying contractual arrangements between the primary beneficiary and other holders of variable interests.