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ACC 497 Week 5 DQ 2

ACC 497 Week 5 DQ 2

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ACC 497 Week 5 DQ 2

What are the differences in financial reporting in a for-profit and government organization? What are the similarities in financial reporting in a for-profit and government organization? How do these differences and similarities affect the comparability of financial reports? Should these reports be comparable? Explain your response.

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