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GASB(Government Accounting Standard Board) says that the purpose of the

Question : GASB(Government Accounting Standard Board) says that the purpose of the : 10411

GASB(Government Accounting Standard Board) says that the purpose of the Government-Wide Financial Statements is to report on operational accountability and that the purpose of the Fund Financial Statements is to report on fiscal accountability. Describe what you think GASB means by these two terms. Use specific examples if that will help.

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