When expense exceeds income this is called_______

1.	When expense exceeds income this is called_______
Answer» Answer: ☄️ When expense EXCEEDS income this is called budget surplus . ☑️ A budget surplus is a PERIOD when income or receipts exceed OUTLAYS or expenditures. hope this MUCH helps uh ❣️

Answer»

Answer:

☄️ When expense EXCEEDS income this is called budget surplus .

☑️ A budget surplus is a PERIOD when income or receipts exceed OUTLAYS or expenditures.

hope this MUCH helps uh ❣️

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