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Respond to the following in a minimum of 175 words: Describe the primary characteristics...

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Accounting

Respond to the following in a minimum of 175 words:

  • Describe the primary characteristics for governmental and not-for-profit entities. How does this differ from the primary characteristics for business organizations? In your discussion, explain how budgetary accounting contributes to achieving budgetary control over revenues and expenditures for governmental entities and not-for-profit entities.

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