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Complete
the Venn diagram on page 2.
Identify
key differences and similarities between GASB and FASB for
elements and processes such as:
· Organizational purpose or stakeholder
· Financial reporting objectives
· Financial statement presentation
· Accounting treatment of revenues and expenses
· The role of the budget and budgetary control
Enter
differences between the organizations in the text boxes inside
the circle for each organization and similarities where the
diagram overlaps. Adjust the size of each text box and add or
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