Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective. true
or
false

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii