Question: true or false: Legally separate entities should be discretely presented as component units if it meets all of the following criteria: - The separate organization
true or false: Legally separate entities should be discretely presented as component units if it meets all of the following criteria:
The separate organization holds economic resources entirely, or almost entirely, for the direct benefit of the primary government, its component units, or its constituents.
The primary government is entitled to or has the ability to otherwise access, a majority of the economic resources received or held by the separate organization.
The economic resources received or held by the separate organization are significant to the primary government.
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