Which of the Following Is NOT a Criterion for a Federal

question 45

Multiple Choice

Which of the following is NOT a criterion for a federal "component" to be considered a reporting entity?

• A)There is a management responsible for controlling and deploying the component's outputs and outcomes and for executing its budget.It is held accountable for its performance.
• B)The component is of sufficient size and significance that its financial statements would provide a meaningful representation of its operations and financial condition.
• C)The component is of sufficient cohesiveness of operations that its financial statements would provide a meaningful representation of a specific program or type of activity.
• D)Users are interested in the information to be reported in its financial statements and could use it to make resource allocation and related decisions.

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Definitions:

2-Chloro-2-methylpentane

An organic compound with the molecular formula C6H13Cl, characterized by a chlorine atom attached to the second carbon of a methylpentane chain.

Ether

A class of organic compounds characterized by an oxygen atom connected to two alkyl or aryl groups.

Reactivity

The propensity of a material to engage in chemical reactions, on its own or with other substances, resulting in energy emission.

Compounds

Substances formed from two or more elements chemically united in fixed proportions.