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Which of the following is NOT true about cash basis budgeting? Cash basis budgeting permits a government to balance its budget by delaying cash disbursements.

Which of the following is NOT true about cash basis budgeting?

Cash basis budgeting permits a government to balance its budget by delaying cash disbursements. Cash basis budgeting permits a government to balance its budget by advancing the recognition of revenue. Cash basis budgeting encourages interperiod equity. Cash basis budgeting complicates financial accounting and reporting

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