jriosjr25896
Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Which type of budget indicates more expenses than income?
a deficit budget
a balanced budget
a debt budget
an equity budget

Sagot :

Samawati

Answer:

a deficit budget

Explanation:

A budget is a plan showing how an individual or an institution will spend its income. It shows the expected income and the details of planned expenditure.  A budget is prepared at the beginning of a period. Ideally, the income side and the expenditure side of a budget should balance.

In some cases, the planned expenditure exceeds the projected income, indicating a shortage of income. Such a budget is called a deficit budget.

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.