Government organizations such as the IRS and other government regulatory agencies are interested in a firm's accounting information in order to help the firm strategize about ways to cut costs in order to minimize net income before taxes.

Question

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Government agencies such as the IRS collect tax revenues. They are interested in the firm's tax obligations; and/or they audit publicly traded firm's accounting records to make certain they follow generally accepted accounting principles.

Government Organizations Such as the IRS and Other Government Regulatory