Question

Providing information on accountability is the primary financial reporting objective for both governmental and not-for-profit entities.A. TrueB. False

Answer 1

Answer:

The correct answer is letter "A": True.

Explanation:

Accountability implies individuals and entities accept responsibility in their operations. When it comes to the government and political science it involves the process in which citizens secure and evaluate the responsible doing of the public deputies through mechanisms such as transparency and inspection. Non-profit organizations have the same duty.