What is the rationale of the GASB for requiring two sets of financial statements, each with a

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What is the rationale of the GASB for requiring two sets of financial statements, each with a different measurement focus and basis of accounting for governmental activities?

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Core Concepts of Government and Not For Profit Accounting

ISBN: 978-0471737926

2nd edition

Authors: Michael H. Granof, Penelope S. Wardlow

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Question Posted: Jul 26, 2013 06:52 AM

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What is the rationale of the GASB for requiring two sets of financial statements, each with a

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All the government wide financial statements are prepared using the following ...View the full answer

Core Concepts of Government and Not For Profit Accounting

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