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Basic Question 1 of 3

In most cases, an equity qualifies as a VIE if equity at risk is less than ______ of total assets.

A. 5%.
B. 10%.
C. 20%.

User Contributed Comments 4

User Comment
broadex Where is this 10% coming from?
merc5559 the reading
ashish100 came from ben graham
ashish100 Jk came from reading
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe the types of post-employment benefit plans and implications for financial reports;

CFA® 2026 Level II Curriculum, Volume 2, Module 10.