Question: Exercise 9 - 1 7 ( Static ) Part 3 Which of the following statements is used to determine whether a component unit should be

Exercise 9-17(Static) Part 3
Which of the following statements is used to determine whether a component unit should be classified as major?
Multiple Choice
Its assets, liabilities, revenues, or expenses are 10 percent or more of the total of all component units.
It has a significant financial relationship with the primary government.
It is legally separate from the primary government.
Exercise 9 - 1 7 ( Static ) Part 3 Which of the

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