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Which of the following is NOT a reason why users need governmental and not-for-profit external financial statements? a. To determine the ability of the entity
Which of the following is NOT a reason why users need governmental and not-for-profit external financial statements?
a.
To determine the ability of the entity to meet its obligations.
b.
To predict future fiscal solvency.
c.
To evaluate the overall profitability of the entity.
d.
To determine the ability of the entity to continue to provide services.
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