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How Should Component Units Be Displayed in Government-Wide Financial Statements

Question 14

Multiple Choice

How should component units be displayed in government-wide financial statements?


A) Component units should not be reported in government-wide financial statements
B) All component units should be included either in the column for governmental activities or in the column for business-type activities
C) Component units should be blended where appropriate;discretely presented component units should be reported in a separate column
D) All component units should be included with other business-type activities

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