How component units presented in financial statements

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Reference no: EM132460464 , Length: word count:600

Problem - Use COMPREHENSIVE ANNUAL FINANCIAL REPORT FISCAL YEAR ENDING JUNE 30, 2019 - Town of Cary, NC, for these questions:

Question 1 - Do the notes to the financial statements indicate the component units and other related entities that are included within the reporting entity? Yes or No

Do they indicate any units that are not included? Yes or No

Do they explain why these units are included or excluded? Yes or No

Question 2 - How are the component units presented in the government-wide financial statements?

Question 3 - How are they presented in the fund statements?

Question 4 - Has the government entered into any joint ventures? Yes or No

If so, how are they reported?

Question 5 - What schedules or other information does the government report as "required supplementary information"? (RSI)

Question 6 - Does the report contain all of the statistical information presented in Table 11-3 on textbook page 462? Yes or No

Reference no: EM132460464

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