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1. How and why are governmental organizations diff

1. How and why are governmental organizations different than forprofit (businesses) organizations? 2. How and why are governmental organizations similar to forprofit (businesses) organizations? 3. What or who governs governmental organizations? 4. Which organizations set accounting standards for state andlocal governments? 5. How many governmental units are in the United States? 6. What is interperiod equity? Give an example of interperiodequity. 7. What are the GASB financial reporting objectives? . . .

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