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    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 3: Partially Owned Created Subsidiaries & Variable Interest Entities
  5. Question
    In Consolidating a VIE, the VIEs Assets and Liabilities Must
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In Consolidating a VIE, the VIEs Assets and Liabilities Must

Question 46

Question 46

True/False

In consolidating a VIE, the VIEs assets and liabilities must be initially valued at their book values-not their fair values.

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