Potential component units that are ultimately excluded from the reporting entity but require at least minimal disclosure

Question:

Potential component units that are ultimately excluded from the reporting entity but require at least minimal disclosure in the financial statements could include all of the following except

a. joint consolidations.

b. related organizations.

c. jointly governed organizations.

d. joint ventures.

e. All of the above require at least minimal note disclosures.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Governmental And Nonprofit Accounting Theory And Practice

ISBN: 9780132552721

9th Edition

Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,

Question Posted: