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Describe the government accounting system based on your own perception. Why is it essential to have a government in a country? How would the general

  1. Describe the government accounting system based on your own perception.
  2. Why is it essential to have a government in a country?
  3. How would the general purpose financial reporting in the public sector provide useful information for decision making and demonstrate the accountability of the government entity?
  4. What is a municipality identifier?
  5. IF given the chance to change the government's current system, what are the changes you want to impose and why?

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