Differentiate Between Internal Reports and External Reports

question 1

Essay

Differentiate between internal reports and external reports.

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Definitions:

Public Sector

The part of the economy that is controlled by the government, including public services and enterprises.

State-run Lotteries

Lotteries operated by state governments in which participants buy tickets for a chance to win monetary prizes, often contributing to public funding.

Education Sector

A segment of society focused on the provision, development, and delivery of educational services and institutions.

Tax Incidence

The degree to which a tax falls on a particular person or group.