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Why Should Persons Who Manage,advise,or Audit Governments and Not-For-Profit Organizations

Question 60

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Why should persons who manage,advise,or audit governments and not-for-profit organizations be generally familiar with OMB Circulars A-87,A-21,and A-122? In your answer explain what "OMB" means,and why its circulars should be of concern to those involved with management,advisement,or auditing of state and local governments and not-for-profit organizations.

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The OMB is the Office of Management and ...

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