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Author Question: Which of the following scenarios does notdescribe governing boards of a primary government and a ... (Read 24 times)

Jramos095

  • Hero Member
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  • Posts: 528
on: Jul 5, 2018
Which of the following scenarios does notdescribe governing boards of a primary government and a potential component unit that are substantially the same?
 
  A. A city's governing board members are the ex-officio governing board members of the Library District.
  B. A county has a seven-member board. Five of these board members serve on an eight-member authority board.
  C. A county has a seven-member board. Three of these board members serve on a five-member authority board.
  D. There are seven members serving on the city council. Five of these council members are the entire governing board of a historical district board.

Question 2

Any item a business owns that will provide future benefits is called owner's equity.
 a. True
   b. False
   Indicate whether the statement is true or false


zoeyesther

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

False


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