2. Which of the following is NOT considered a benefit of developing financial policies? a) Improves control over fiscal resources b) Provides justification for difficult budget decisions c) Decision making is easier once financial policies are approved d) Reduces errors in projections 3. Trend analysis is a revenue forecasting method: a) that utilizes historical data b) that requires the use of computer software to implement c) that is limited to property taxes d) that is the same as econometric modeling 4. Which of the following is a sound method to monitor revenues? a) Compare actual monthly collections to prior year collections for same month(s) b) Compare quarterly collections to the same quarter from prior year c) Compare actual year-to-date revenues to the same year-to-date period from the prior year d) All of the above