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.The County Hospital would be a
A) Primary government.
B) Component unit.
C) Related organization.
D) Affiliated organization.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The City created a legally separate Housing
Q3: The County Commission appoints a voting majority
Q4: Government-wide financial statements include which of the
Q5: Fund Financial Statements include which of the
Q6: Governments must incorporate their blended component units
Q8: Which of the following is NOT a
Q9: The introductory section of a CAFR does
Q10: Fund financial statements for Fiduciary Funds include
Q43: The City created a legally separate Port
Q52: Which of the following is NOT a