Multiple Choice
The city created a legally separate entity to operate a county hospital. The city council appoints a voting majority of the board of the hospital. The city cannot impose its will on the hospital and there is no potential for a financial benefit or financial burden to the city. In what manner would the hospital be included in the city's basic financial statements?
A) Blended.
B) Discretely presented.
C) Only by note disclosure of the relationship.
D) Not included in any manner.
Correct Answer:
Verified
Correct Answer:
Verified
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