In your internship with a public accounting firm, you have been asked to assist in a consulting engagement in which the city, an audit client of the firm, is trying to determine if a recently acquired library would be considered a component unit of the city, or a department or program within the city?And if a component unit, whether it should be discretely presented or blended.What is a list of key concepts that should be addressed in the presentation the firm is developing as it advises the city.