Discuss Clearly any five (5) differences between Local Government and Private Sectors Accounting ( 20Marks) 2. A company situated in Omuthiya Local Authority N$ 400 000.00 of Current Assets, N$ 410 000.00 current liabilities and inventories amounting to N$ 200 000.00 in the financial year ended 31 December 2020. Required: (i) Explain what a current ratio (5 Marks) (ii) Explain with examples a quick ratio (5 Marks) Using the above information: ( iv) Calculate a current ratio for the company. (5 Marks) (v) Calculate a quick ratio or acid test for the same company. (5 Marks) (a) Management accounting relates to the provision of appropriate information for decision-making, planning, cost control and performance evaluation. Discuss any 10 Objectives of Management Accounting. Give one example to the objectives discussed.