Under GASB Rules for the Financial Reporting Entity

question 15

Multiple Choice

Under GASB rules for the financial reporting entity:

• A) component units are included if the primary government is financially accountable for their operations.
• B) counties are component units of the State Government.
• C) blended and discretely presented component units are to be reported in government-wide financial statements but not in fund financial statements.
• D) component units must be reported in columns (discrete presentation) separate from the funds of a primary government.

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Definitions:

Noncyclic Electron Pathway

A part of photosynthesis that involves the flow of electrons from water to NADP+, producing oxygen, ATP, and NADPH.

Electron Transport Chain

A series of compounds that transfer electrons from electron donors to electron acceptors via redox reactions, coupled with the transfer of protons (H+ ions) across a membrane, generating ATP.

Antenna System

In photosynthesis, it refers to a complex of proteins and pigments that captures light energy and channels it to the reaction center.

Pigment Complex

A group of pigment molecules that function together to absorb light, commonly found in photosynthetic organisms.