53. A city starts a public library that has separate incorporation and gets some of its money from the state and some from private donations. Indicate whether each of the following independent state¬ ments is true or false and briefly explain each answer.

a. If the city appoints 7 of the 10 directors, it must report the library as a component unit.

b. If the library is a component unit and its financial results are shown as part of the governmental activities of the city, it is known as a blended component unit.

c. If the library appoints its own board but the city must approve its budget, the library must be reported as a blended component unit.

d. The choice ofwhether a component unit is blended or reported discretely is up to the city’s discretion.