The Financial Reporting Entity Is Composed of

Multiple Choice

The financial reporting entity is composed of

A) The primary government.
B) The primary government and all legally separate governments for which the primary government is financial accountable.
C) The primary government and all legally separate organizations for which the primary government is financially accountable.
D) The primary government, all legally separate organizations for which the primary government is financially accountable and any organizations whose omission would cause the primary governments financial statements to be misleading or incomplete.