A balance budget is when:

Question

Question 2Answer

a.
Presumed excess of revenue projections over estimate expenditure

b.
If the expected income outweigh projected expenditure by slight mergin

c.
Revenue projection and expected expenditures in a budget are presumed equal.

d.
If the expenditure estimates in a budget outweigh the revenue projections

Answer 1

c. Revenue projection and expected expenditures in a budget are presumed equal.