Week 1 Additional Questions Part 1

| March 21, 2015

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Ch 1
1. Identify the characteristics that distinguish governments from businesses and use the GASB’s statement of objectives to assure that you identify all the major differences.
Ch 2
2. What is the criteria for the Government Finance Officers Association Excellence in Reporting? 
Ch 3
3. Why may flexible budgets be more important to a government’s business-type activities than to its governmental activities?


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