Which of the following groups would not be considered a component unit of a special-purpose government,for the purposes of applying GASB Statement 39: Determining Whether Certain Organizations Are Component Units?
A) General governments.
B) Booster clubs.
C) Museums.
D) Health care entities.

Question

Quizplus · Accepted Answer

Booster clubs are typically private organizations that support a specific sports team or activity and are not typically considered component units of a special-purpose government. The other options listed could potentially be considered component units depending on their relationship and financial reporting with the government entity.

Which of the Following Groups Would Not Be Considered a Component