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Based on what we learned from this week’s Learning Activities, respond to the following in a minimum of 175 words: What does it mean when there is a relative tax burden? What characteristics of expenditures distinguish them from expenses in the financial accounting sense? Why are special items sometimes referred to as one-shot revenues? How are special items reported in government financial statements? Why would […]

Based on what we learned from this week’s Learning Activities, respond to the following in a minimum of 175 words: What does it mean when there is a relative tax burden? What characteristics of expenditures distinguish them from expenses in the financial accounting sense? Why are special items sometimes referred to as one-shot revenues? How are special items reported in government financial statements? Why would […]

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