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Q1: (both responses must be atleast 100 words thank you will give rate!!! A. Describe some differences between business organizations and government/not-for-profit organizations. B.Explain the

Q1: (both responses must be atleast 100 words thank you will give rate!!!

A. Describe some differences between business organizations and government/not-for-profit organizations.

B.Explain the modified accrual basis of accounting. Why is it used for governmental fund financial statements?

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