Choose the Word or Phrase in [ ] Which Will

question 149

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-If your budget shows a deficit,one option is to increase [income | expenses] to regain balance.

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Definitions:

Cash Flow Statement

A statement that shows the cash on hand at the beginning of a period, the income and disbursements made during the period, and the new amount of cash on hand at the end of the period.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered or used but not yet paid for.

Dollar Value

Dollar value is the worth of an item or service expressed in terms of money.

Geographic Area

A specific physical location defined by natural or artificial boundaries.