Question
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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Japanese Management Accounting A World Class Approach To Profit Management
Authors: Michiharu Sakurai, Yasuhiro Monden
1st Edition
091529950X, 978-0915299508
