Which of the following factors would not indicate that a potential component unit (PCU)is dependent on the primary government?
A)The primary government provides advice regarding the PCU's budget.
B)The primary government is obligated to provide financial support to the PCU.
C)The primary government is obligated for the PCU's debt.
D)The primary government is entitled to the PCU's resources.

Question

Quizplus · Accepted Answer

Providing advice regarding the PCU's budget does not indicate dependency, as it does not involve financial obligations or control over resources.

Which of the Following Factors Would Not Indicate That a Potential