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In Discrete Presentation, Component Unit

Question 39

Multiple Choice

In discrete presentation, component unit


A) Funds are reported as the same type of funds of the primary government.
B) Funds are treated as Special Revenue Funds of the primary government since the resources can only be used for the component unit's programs.
C) Data is presented in the government-wide financial statements separate from the primary government data.
D) Basic financial statements must always be included in the primary government's comprehensive annual financial report.

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