$\underline{\text{ Requirements: }}$ 1 Describe Discrete Presentation in the Context of the Government-Wide

Short Answer

$\underline{\text{ Requirements: }}$
1. Describe discrete presentation in the context of the government-wide statements. Assume that a government has five major discretely presented component units. Include the reporting and disclosures required for each of the major component units.
2. Describe blending. When is it required? Is it permitted under other circumstances-i.e., when is it not required?