An organization is a component unit of a primary government and ...

[stephzh]

An organization is a component unit of a primary government and hence part of the primary government's financial reporting entity, provided that:
 
  a. the primary government provides grants to the organization
  b. the primary government sells tax-exempt debt on behalf of the organization
  c. the primary government is financially accountable for the organization
  d. the primary government makes appropriations to the organization

Question 2

The controlling account in the general ledger that summarizes the individual customer accounts in the subsidiaryledger is entitled
 a. Purchases
  b. Accounts Payable
  c. Fees Earned
  d. Accounts Receivable

[chloejackso]

Answer to Question 1

c

Answer to Question 2

d

[stephzh]

Thank you

[chloejackso]

Happy to help you