The city council of the city of lewisville approves the, Ask an Expert

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A Board of Commissioners directly elected by the citizens of the City of Lewisville governs the Lewisville Library, and the Library represents a legally recognized jurisdiction within its State. The City Council of the City of Lewisville approves the budget of the library and, by law, is entitled to any excess earnings of the library. The City of Lewisville's Library should be reported as a:

a. blended component unit of the city of lewisville

b. discrete component unit of the city of lewisville

c. primary government

d. special purpose government

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9445791

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