Research the following statements and write down a paper of

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Research the following statements and write a paper of 500 words on your findings:

What are the key differences between a governmental unit and a commercial company?

Discuss the following terms and how they are used during the budget process of a governmental unit:

Appropriations

Encumbrances

Expenditures

Budgetary fund balances

Give examples for each of the above terms.

Reference no: EM13396933

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