Question: Question A: What do you think are the unique issues and consequences arising when a government, as opposed to a business, declares bankruptcy? Question B:

Question A: What do you think are the unique issues and consequences arising when a government, as opposed to a business, declares bankruptcy?

Question B: Enterprise funds are reported differently than are internal service funds in the proprietary fund statements of net position, and in the statements of revenues, expenses and changes in net position. Explain why and justify.

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