Examlex
Government-wide financial statements benefit users by allowing them to do all of the following except:
Government-Run
Entities, operations, or programs managed and operated by a government entity or its agents.
External Cost
Spillover effects that reduce the well-being of non-consenting parties.
Economic Efficiency
A condition in which resources are distributed to optimize the generation of goods and services.
Competitive Private Market
A market structure where multiple firms compete against each other under minimal governmental intervention, offering goods and services to consumers.
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