Why are the basic financial statements of a governmentmore so than those of a businessinadequate as a

Question:

Why are the basic of a government—more so than those of a business—inadequate as a basis for assessing the entity’s fiscal health?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...