Which statement is not about the cash budgeting and forecasting?

1. All receipts and disbursements match each other evenly over the year. 2. By combining the forecasting of both receipts and disbursements, the government can determine its net cash position at any given time. 3. The goal of cash budgeting is to project cash position to forecast the timing of receipt and distribution. 4. To forecast future cash flow, data over the previous years (3-5 years)