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Why purpose frameworks may be used by a state government

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Reference no: EM132833941

Question 1: Explain why special purpose frameworks (also known as other comprehensive bases of accounting) may be used by a state or local government instead of GASB standards, which are generally accepted accounting principles (GAAP).

Reference no: EM132833941

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Why purpose frameworks may be used by a state government : Why special purpose frameworks (also known as other comprehensive bases of accounting) may be used by a state or local government instead of GASB standards
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