_____Under the FASB's Consolidation Rules, an Entity That Is Controlled

Multiple Choice

_____Under the FASB's consolidation rules, an entity that is controlled by financial arrangements (rather than by a majority voting interest)

A) Must be consolidated.
B) Must be consolidated if the parent is publicly owned.
C) Must be consolidated if the parent has significant influence.
D) Must be consolidated only if the subsidiary is partially owned.