Question: This chapter has described the fund structure in governments Do
This chapter has described the fund structure in governments. Do you think that it is necessary to display individual funds in a government’s annual report? If so, then do you think it is any less necessary to display individual funds in a not-for-proﬁt’s annual report? On what basis can you justify displaying funds in the annual report of a government but not in that of a not-for-proﬁt entity?
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