. In many cases, property taxes comprise a significant source of revenue and cash receipts for a government. If prperty tax cash colletions typically occur during one or two collection periods, how do governments manage working capital needs?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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1. In many cases, property taxes comprise a significant source of revenue and cash receipts for a government. If prperty tax cash colletions typically occur during one or two collection periods, how do governments manage working capital needs? 

 

2. while governments are not required to issue interim financial reports, what role does interim financial reporting play in local government administration?

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