nayana-c1.867c992ae9100904cc61c84591adf0f8f863e0387e30f0d0dbc86640e9f50a1a.en.train.45082

The task

What is the primary exception to the general principle in ASC 946 that Main Street is precluded from consolidating entities in which it has equity investments? A. Main Street holds a controlling interest in an operating company that provides all or substantially all of its services directly to Main Street or to its portfolio companies. B. Main Street consolidates all entities in which it has a controlling interest. C. Main Street consolidates entities based on their market value. D. Main Street consolidates entities only if they are located in the United States. Return only the single uppercase letter of the correct option.