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After reading the Govemmental Accounting Standards Board's Why Governmental Accounting and Financial Reporting ls-and Should Be- Oifferent. explain the major differences between the accounting and
After reading the Govemmental Accounting Standards Board's Why Governmental Accounting and Financial Reporting ls-and Should Be- Oifferent. explain the major differences between the accounting and financial reporting practices of governments as compared with business organizalions Discuss the reasons cited in the report for those differences and whether you feel those reasons justify the differences. Explain why or why not
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