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What happens when you follow the recommended process for creating a budget for a project...

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Question

Accounting

What happens when you follow the recommended process for creating a budget for a project that is less than 12 months but spans two fiscal years?

  1. The budget reports feflect the correct 12 month period
  2. The budget reports revert back to the correct fiscal year
  3. The budget reports reflect the current calendar year
  4. There is no way to create a budget that spans two fiscal years

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