Question: School District does not have a separately elected government body that administers the school system. The districts debt is paid by the city. The districts

School District does not have a separately elected government body that administers the school system. The districts debt is paid by the city. The districts financial activity should be reported in the Citys financial statements by:

A. Blending only.

B. Discrete presentation.

C. Inclusion as a footnote.

D. Either blending or inclusion as a footnote.

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