Which of the following is an example of how a budget that starts out the fiscal year balanced can be impacted by environmental factors and end up in a deficit or require modification?

a.A court decision might declare a tax unconstitutional and require the government to no longer collect the tax, or even require restoration of the revenue to taxpayers.

b.The price of gasoline can surge unexpectedly, with the rise continuing throughout the fiscal year.

c.At the local level, a business may close unexpectedly or move to another state, causing a decline in property tax revenues as well as a decline in sales revenue since more people would be without jobs and income.

d.All of the above

e.None of the above