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TEST BANK-ACCOUNTING FOR GOVERNMENTAL AND NON-PROFIT ENTITIES 19TH EDITION/ISBN13: 9781260809954/By Jacqueline Reck, Suzanne Lowensohn, Daniel Neely and Earl Wilson/Complete Guide
- Exam (elaborations) • 440 pages • 2024
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TEST BANK –Accounting for governmental and 
nonprofit entities 19th edition 
 
 
 
 
1)	Explain the essential differences between general purpose and special purpose governments and give several examples of each. 
 
 
 
 
 
 
 
 
2)	Identify and explain the characteristics that distinguish governments and not-for-profit entities from business entities. 
 
 
 
 
 
 
 
 
3)	GASB and FASB standards are concerned only with external financial reporting; whereas, FASAB standards are concerned with ...
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