The controller is considering whether a component unit should be presented in the financial statements as a discrete or a blended component unit What should be considered in making the decision ...

A discrete presentation results in reporting the financial information of component units in separat ...

The controller is considering whether a component unit should be presented in the financial statements as a

Question:

The controller is considering whether a component unit should be presented in the as a discrete or a blended component unit. What should be considered in making the decision?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...