22. For component units, what is the difference in discrete presentation and blending? a. A blended component
Question:
22. For component units, what is the difference in discrete presentation and blending?
a. A blended component unit is shown to the left of the statements; a discretely presented com¬ ponent unit is shown to the right.
b. A blended component unit is shown at the bottom of the statements; a discretely presented com¬ ponent unit is shown within the statements like a fund.
c. A blended component unit is shown within the statements like a fund; a discretely presented component unit is shown to the right.
d. A blended component unit is shown to the right of the statements; a discretely presented com¬ ponent unit is shown in completely separate statements.
Step by Step Answer:
Advanced Accounting
ISBN: 9780073379456
9th Edition
Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle