[Anonymous]

I have been using becker but still very confused.. maybe someone came up with a way that is easier to remember? Thanks!!

[mmp3]

The way I think about it is the primary government has the power to levy taxes. The discrete unit is related to the primary government but is a separate legal entity. The blended unit is not a separate legal entity and thus does not have to be shown separately on the financial statements it just “blends in” with the primary govt. hope that helps

FAR 92 (2/27/13)
AUD 99 (4/18/13)
REG 93 (7/5/13)
BEC 92 (8/12/13)

Becker Self Study

[Anonymous]

blended – the component unit provides services ONLY for the primary gov't and the primary gov't PAYS all the debts of the component unit.

discrete – a school gets tax money but the school can use that money however they want

and discrete is always presented in government-WIDE financial statements in the far right

this is what i can pull from my memory

[Author]

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