A surplus budget position means that an entity's:
A)income and expenditures are the same.
B)income for the period exceeds expenses.
C)expenditures for the period exceed revenues.
D)none of the above.

Name: A surplus budget position means that an entity's: A)income and expenditures are the same. B)income for the period exceeds expenses. C)expenditures for the period exceed revenues. D)none of the above.
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Question

Quizplus · Accepted Answer

The Answer is B

A Surplus Budget Position Means That an Entity's