All governments prepare fund financial statements for external financial reporting purposes.
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Q5: Unlike businesses enterprises, Governments and nonprofits acquire
Q6: Governmental and nonprofit accounting standards-setters tend to
Q7: Major external users of governmental and nonprofit
Q8: State and local governments and nonprofit entities
Q9: The federal government, state and local governments,
Q11: The federal government and state and local
Q12: The FASAB establishes financial reporting standards for
Q13: In their objectives of financial reporting, both
Q14: The FASB establishes financial reporting standards for
Q15: The financial reporting standards established by the
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