Question: True or False Special purpose governments in Illinois cannot be primary governments. The City of Rockford reports its mass transit district as a discretely presented

True or False

  1. Special purpose governments in Illinois cannot be primary governments.

  1. The City of Rockford reports its mass transit district as a discretely presented component unit.

  1. The City of Rockford reports its public library as a discretely presented component unit.

  1. A local government has the discretion to report a governmental fund or an enterprise fund as a major fund even if the fund fails all four line item tests.

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