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Why is Service Efforts and Accomplishments reporting especially important for local governmental and not-for-profit entities? Identify the primary functions of the following entities as they

Why is Service Efforts and Accomplishments reporting especially important for local governmental and not-for-profit entities? Identify the primary functions of the following entities as they relate to financial reporting by the federal government:

  • Office of Management and Budget
  • Department of Treasury
  • Government Accountability Office

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