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    Business
  3. Study Set
    Accounting for Governmental Study Set 2
  4. Exam
    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Entities
  5. Question
    A Difference in the Financial Reporting Objectives for Governmental Entities
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A Difference in the Financial Reporting Objectives for Governmental Entities

Question 13

Question 13

True/False

A difference in the financial reporting objectives for governmental entities and not-for-profit entities is that governmental entities report on compliance with laws,regulations,and rules that impact financial reports.

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