Chapter 6, Problem 13C

a.

To determine

Evaluate the facts of the given case, and indicate whether or not the decision of the authority to not report the debt service advances as a liability to the county, is agreeable.

b.

To determine

Evaluate the facts of the given case, and indicate whether or not the decision of the authority to report a receivable for the debt service advances on its General Fund balance sheet and government-wide statement of net position, is agreeable.