Question: Which of the following characteristics would require a component unit to be presented on a blended rather than discretely presented basis? a. The primary government
Which of the following characteristics would require a component unit to be presented on a blended rather than discretely presented basis?
a. The primary government and the component unit are located at the same physical location.
b. Substantially all of the debt of the component unit is expected to be repaid by the primary government.
c. The chairman of the component’s governing board is appointed by the governing board of the primary government.
d. The component unit provides services to the citizens of the primary government.
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