Which of the following is NOT a necessary characteristic of a component unit?
A) It is legally separate from the other government.
B) The other government appoints a voting majority of the component unit's governing body or a voting majority of the unit's governing body is composed of officials of the other government.
C) The other government can impose its will on the unit or the unit has the potential to provide a financial benefit to or impose a financial burden on the other government.
D) The other government provides services that are used by both governments.
Correct Answer:
Verified
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