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Define accounting in the context of government? What role does it play? What is...

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Accounting

  1. Define accounting in the context of government? What role does it play?
  2. What is meant by the basis of governmental accounting?
  3. Define cash accounting and provide examples.
  4. Define accrual accounting and provide examples.
  5. Compare and contrast cash accounting, full accrual accounting, and modified accrual accounting.

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