Exercise $9-17($Static$)$ Part $2$

Raider City has established a legally separate public financing corporation to issue debt for the city's capital projects. The corporation's debt will be paid by the city. How should the public financing corporation be reported by the city?

Multiple Choice

A debt service fund.

A discretely presented component unit.

A note disclosure indicating a related$-$party relationship.

Prey

$2$ of $62$

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