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A government acquires a 100% equity interest in a legally separate organization that is NOT being held for investment purposes. The equity interest will be
A government acquires a 100% equity interest in a legally separate organization that is NOT being held for investment purposes. The equity interest will be recorded initially as: Group of answer choices A component unit measured at fair value. A component unit using the equity method. A component unit measured at acquisition value. An investment measured using the equity method
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