Which of the following groups would probably not be considered a component unit of a special-purpose government,for the purposes of applying GASB Statement 39: Determining Whether Certain Organizations Are Component Units?
A) A university foundation.
B) A hospital auxiliary.
C) A museum foundation.
D) A high school band booster club.

Question

Quizplus · Accepted Answer

The high school band booster club is not typically a component unit of a special-purpose government since it is a separate entity that supports a specific program within the government rather than the government itself. The other options are more likely to be considered component units because they are organizations that either provide direct support to the government or are controlled by the government.

Which of the Following Groups Would Probably Not Be Considered