A cash basis budget relative to a modified accrual basis budget a. Better facilitates the preparation of

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Question:

A "cash basis" budget relative to a "modified accrual basis" budget

a. Better facilitates the preparation of year-end financial statements in accordance with generally accepted accounting principles
b. Better facilitates the day-to-day management of an organization's cash flows
c. Limits the opportunities of an entity to balance its budget by arbitrarily delaying cash payments from one period to the next
d. Better ensures that government will achieve inter period equity