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In governmental financial reporting, which of the following meets the requirement for a primary government to be financially accountable for a legally separate organization? a.

In governmental financial reporting, which of the following meets the requirement for a primary government to be financially accountable for a legally separate organization?

a.

The primary government can appoint one-half of the organizations governing body.

b.

The governments chief executive can appoint a long-time political ally to the organizations governing body.

c.

The primary government can appoint a voting majority of the organizations governing body.

d.

The chief executive and the chief of both houses of the legislature can each appoint one member of the organizations 12-person governing body.

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