The accounting cycle for most governments is two to three years and the budgeting process is less than six months.

Name: The accounting cycle for most governments is two to three years and the budgeting process is less than six months.
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The accounting cycle for most governments is typically one year, coinciding with their fiscal year, and the budgeting process, while varying in length, often extends beyond six months to allow for planning, proposal, review, and approval stages.

The Accounting Cycle for Most Governments Is Two to Three