20. An employment agency for the handicapped works closely with the City of Hanover. The employment agency
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20. An employment agency for the handicapped works closely with the City of Hanover. The employment agency is legally separate from the city but still depends on it for financial support. How should Hanover report the employment agency in its comprehensive annual financial report?
a. Not at all because the agency is legally separate.
b. As a part of the General Fund.
c. As a component unit.
d. As a related organization.
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Related Book For
Advanced Accounting
ISBN: 9780073379456
9th Edition
Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle
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