The GASB defines a financial reporting entity as the primary government and the entities for which the primary government is financially accountable.

Required

Following is a list of entities being considered for classification as primary governments. For each of the entities listed, indicate Yes if the entity would be considered a primary government and $N$ o if it would not be considered a primary government.

$\backslash$table$[[,,],[1.,$Waseca County government.,$],[2.,$University of South Florida, a part of the State University System of Florida.,$],[3.,$The Tri$-$County Independent School District, a legal entity, with an elected board and financial independence.,$],[4.,$The State of Colorado.,$],[5.,$Greenfield Sports Authority, a joint venture between Greenfield County and the Mighty Ducks Sports franchise.,$]]$