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Explain in your own words why accountability is the cornerstone of all financial reporting in government.

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Accounting

Explain in your own words why accountability is the cornerstoneof all financial reporting in government.

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Solution Accountability is the cornerstone of all financial reporting in government due to the fact that it is the primary aspect and the central factors that help government to build trust with their constituents and enable nonfor profit such as charitable organizationand government entities to shape their accounting and reporting practices When these entities are able to show    See Answer
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