3. A component unit a Is financially accountable to the primary government b Must be discretely presented

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3. A component unit a Is financially accountable to the primary government b Must be discretely presented in a primary government’s CAFR c Is excluded from a primary government’s CAFR d Is a legally separate organization for which the primary government is financially accountable

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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