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Difference between private and public sector organization


Response to the following questions:

1. Distinguish between private and public sector organization.

2. GASB considers budgetary accounting and reporting to be important. List the principles outlined by GASB related to budgetary accounting and reporting.

3. Go to the GASB Web site. What is the mission of GASB?

 

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Accounting Basics: Difference between private and public sector organization
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