GASB provides guidance for determining when a primary government should include a legally separate organization in its financial report as a component unit. Which of the following statements would not require inclusion?

A.If a government has controlling interest in a commercial business solely as an investment to earn income.

B.The primary government controls a voting majority of the other organizations governing board or otherwise may impose its will on the organization and the related organization is fiscally dependent on the primary government.

C.If a government has controlling interest in a commercial business in which it exercises operational control.

D.The separate organization is fiscally dependent on the primary government and the related organization is fiscally dependent on the primary government.