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Give an example of when an actual net income would result in a negative number. a. When the budgeted expenses exceed the actual expenses, the
Give an example of when an actual net income would result in a negative number.
a. | When the budgeted expenses exceed the actual expenses, the result is a negative actual net income. |
b. | When the actual expenses exceed the actual income, the result would be a negative dollar amount. |
c. | When the budgeted income is less than the actual income, the result is a negative actual net income. |
d. | When the actual expenses are less than the actual income, the result is a negative dollar amount. |
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