Which of the following characteristics would require a component
unit to be presented on a blended rather than discretely
presented basis?

The primary government and the component unit are
located at the same physical location.
Substantially all of the debt of the component unit is
expected to be repaid by the primary government.
The chairman of the component?s governing board is
appointed by the governing board of the primary government.
The component unit provides services to the citizens
of the primary government.

Answer rating: 100% (QA)

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