Question: 1. What do you see as the similarities and differences in the registration transaction for government and for-profit companies? Give two examples of each in

1. What do you see as the similarities and differences in the registration transaction for government and for-profit companies? Give two examples of each in your discussion.

2. The Government Auditing Standards specifically outline the responsibilities of an auditor with respect to ethics and independence. What are the ethical principles and primary considerations regarding independence, as identified in GAGAS? How are ethical principles related to independence?

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