States generally are required to prepare a balanced budget. Which of the following statements about batanced budgets is false? Select one Some states have established balanced budget requirements for municipalities b. Budgets generally are considered balanced when revenues and amounts available from previously accumulated fund balances equal the appropriations to authorize expenditures, C.A balanced budget means that a government will not have an actual deficit from its operations at its fiscal year end d. Some governments have balanced their budget by not budgeting for certain expenditures attributable to the current period that are not required to be paid until a subsequent period How much would a homeowner have to pay in property taxes if the net assessed value of her house is $260,000 and the millage rates 542 50 per $1,000? Select one 2.51,105 b. 5425 C511,050 d. 54.250 Which of the following is not a reason that a government prepares a cash forecast? Select one: a. To determine if it may need to issue tax anticipation notes. b. To determine how much tax exemptions that it should provide to property taxpayers. C. To determine when cash shortages and cash surpluses may occur. d. To determine if it could make investments with cash that it does not need in the short-term for expenditures. Revenues should be accounted for at a minimum by: Select one: a. Fund b. Revenue source c. Object d. Both a and c e. Both a and b