Question
First question (30 marks) Discuss the bases of measurement in the government accounting system, explaining the advantages and disadvantages of each. Question two (40 marks)
First question (30 marks) Discuss the bases of measurement in the government accounting system, explaining the advantages and disadvantages of each.
Question two (40 marks)
Talk in detail about the government accounting system in terms of: 1. Characteristics of government activity and what is its impact on the accounting system. (20 degrees) 2. Characteristics and functions of the government accounting system. (20 degrees)
Third question (30 marks)
Government sectors in different countries apply government accounting, while the commercial sector applies the financial accounting system. With the different nature and system of each country, we find similarities and differences between the two systems. In light of the previous statement, explain in detail the following:
1. Types of government units in detail. (10 marks) 2. Similarities and differences between government accounting and financial accounting. (10 marks) 3. Similarities and differences between the government sector and the commercial sector. (10 marks)
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