A blended component unit of a county is most likely to:
A) Adopt its own budget.
B) Exist to provide services to the primary government.
C) Issue bonds for which the component unit is financially obligated.
D) Have a minority of board members that are employed by the primary government.
Correct Answer:
Verified
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Q11: In the financial statements of a county
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Q17: Legal trusts are reported:
A) Only in fiduciary
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