
According to GASB Concepts Statement 1 a primary objective of financial reports is to provide information useful in determining the accountability of the government.
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Q10: Governmental funds are identical to governmental activities,
Q11: When revenues are legally restricted by external
Q12: Governments can, in part, demonstrate operational accountability
Q13: Only those governmental and proprietary funds that
Q14: Expenditures are never recorded in governmental funds.
Q16: Because budgetary accounts are used by governments,
Q17: The types of funds that may be
Q18: The maximum sets of fund financial statements
Q19: Economic resources are cash or items expected
Q20: A deferred inflow of resources is defined
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