Activities of a County Hospital That Is Organized as a Not-For-Profit

Multiple Choice

Activities of a county hospital that is organized as a not-for-profit are likely to be reported

A) In its own financial statements, separate from the county's financial statements.
B) As an NFP organization, following FASB reporting principles.
C) As a discretely presented component unit in the county's financial statements.
D) As a blended component unit in the county's financial statements.