Since neither governments nor not-for-profit entities have investors, the financial reporting objectives are the same for both types of entities.

a. true
b. false

False.

Explanation:

As per the question, the given assertion would be considered false as even if the goals of not-for-profit organizations and the governments are similar and that is 'public welfare' and their upliftment. But the financial reporting objectives of both vary from each other as governmental entities report or detail in accordance with the laws and regulations that affect the financial reports while the NPOs do not have as such laws or rules to be followed. Therefore, the assertion is false.

the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.

a is the final ! : )