1. Give the type of accounting needed by the following external users of a company's financial information state why they need such accounting reports
A. customers
B. Investors
2. When is government accounting important for uplifting the lives of citizens?
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2. So it started to focus on recording financial transactions and financial reporting. These lacking parts in the accounting system tried to be overcome through a new regulation by focusing on the areas where cash basis accounting system was insufficient; and a change was experienced with regard to applying the accrual basis in the areas of government accounting and financial reporting

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