To Be Reported as a Major Component Unit, a Component

question 24

True/False

To be reported as a major component unit, a component unit must meet the same 10 percent and 5 percent size requirements as major funds.

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Definitions:

Interactions

A process or action taken place when two or more objects or substances influence or have an effect on each other.

Health

A state of complete physical, mental, and social well-being, and not merely the absence of disease or infirmity.

Risk

The possibility of suffering harm, loss, or a negative outcome.

Socially Constructed

Concepts, categories, or practices that exist because individuals or groups of people agree to act as if they exist or agree upon these concepts and invest meaning in them.