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Posted: February 6th, 2024
ACCOUNTING 470 Module 4: Critical Thinking | Schoology
Module 4: Critical Thinking | SchoologyOption #2: GASB 34 and Moral Obligation BondsInstructions:Provide complete answers to the following two questions.Per the provisions of Statement No. 34, governments must report their capital assets similarly to businesses in their government-wide statements. Yet the information provided is still inadequate to facilitate the major types of decisions and judgments made by statement users. Do you agree? Explain.What distinguishes moral obligation bonds from other types of debt? Why would one government assume a moral obligation for another governmentâs bonds?Requirements:Submit your responses to the following questions in a 1-2 page document in MS Word. Label each question clearly. Please include computations in a table.For written answers, please make sure your responses are grammatically correct and free from spelling errors.Follow theCSU-Global Guide to Writing and APA Requirements.Review the grading rubric, which can be accessed from the Course Information page. Reach out to your instructor if you have any questions about the assignment.
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