Question: 1 . Identify and briefly explain three differences between the Statement of Financial Position and the Statement of Net Position. 2 . Identify and briefly

1. Identify and briefly explain three differences between the Statement of Financial Position and the Statement of Net Position.
2. Identify and briefly explain three differences between the Statement of Activities and the Statement of Revenues, Expenses, and Changes in Net Position.
3. Identify and briefly explain two differences between the Statement of Cash Flows for private and public colleges and universities

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