You must have previously completed managerial and cost accounting classes in which you learned about budgeting concepts. Review your residence$$s local government, municipality, or state government$$s Annual Comprehensive Financial Reporting $($ACFR$)$ and a favorite not$-$for$-$profit entity$$s budget. Explain the similarities and differences among budgeting concepts for for$-$profit firms, not$-$for$-$profit entities, and government. You may find it easier to use a table with three columns for the comparison.