Give an example of when an actual net income would result in a negative number. a.
When the budgeted expenses exceed the actual expenses, the result is a negative actual net income.
b.
When the actual expenses exceed the actual income, the result would be a negative dollar amount.
c.
When the budgeted income is less than the actual income, the result is a negative actual net income.
d.
When the actual expenses are less than the actual income, the result is a negative dollar amount.