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Ilia_Sergeevich [38]
2 years ago
6

Which type of budget indicates more expenses than income?

Business
1 answer:
Fittoniya [83]2 years ago
3 0

Answer:

a deficit budget

Explanation:

A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.

An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.

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To learn more about depreciation expense with the help of given link:

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