9-17. Multiple Choice. (LO9-1 through LO9-5) Choose the best answer. 1. The members of the Museum Board of the City of Springfield are appointed by the City of Springfield City Council, which has agreed to finance any operating deficits of the museum. Under these conditions: d. The museum is a component unit of the city. 2. Raider City has established a legally separate public financing corporation a. The museum is a primary government. b. The city and the museum together are a financial reporting entity. c. The museum is a special district. to issue debt for the city's capital projects. The corporation's debt will be paid by the city. How should the public financing corporation be reported by the city? a. A debt service fund. b. A discretely presented component unit. c. A note disclosure indicating a related-party relationship. d. A blended component unit. 3. Which of the following statements is used to determine whether a compo- nent unit should be classified as major? a. Its assets, liabilities, revenues