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The State Board of Education has illustrated changes to the original text in the following manner: text originally proposed to be added is bold underlined; text proposed to be deleted is displayed
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The comparison to current general refers to a financial document that compares an entity's current financial performance with a general standard or benchmark.
Entities such as businesses, non-profits, and governmental organizations that need to report their financial status in relation to standard benchmarks are required to file this document.
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The purpose is to assess an entity's financial health in relation to industry standards, ensure compliance with financial reporting requirements, and aid in strategic decision-making.
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