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A Timely topic considering the impact of the pandemic crisis. Governments at all levels must submit budgets; most are required to submit balanced budgets where

A Timely topic considering the impact of the pandemic crisis. Governments at all levels must submit budgets; most are required to submit balanced budgets where revenues cover anticipated expenses.But, estimating government revenues can be as difficult or even more difficult than estimating company revenue.

Why is it important that government budgets accurately estimate future revenues during economic downturns?

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