Multiple Choice
Government departments are now required to report in accordance with AAS 29 'Financial reporting by government departments'.Opponents of this requirement suggest that:
A) it is not a good move as it makes managers to be more accountable for their department's performance.
B) it is not a good move, as it emphasises the use of cash accounting by government departments.
C) it is not a good move, as it distracts managers from pursuing their proper goals: the provision of social services.
D) it is not a good move as it introduces value added reporting.
E) All of the given answers.
Correct Answer:

Verified
Correct Answer:
Verified
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