Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Failing to raise enough income in a given year is called a surplus. True or false?
Failing to raise enough income in a given year is called a surplus. True or false?
False (B)
Charities refer to failing to raise enough income in a given year as a deficit. True or false?
Charities refer to failing to raise enough income in a given year as a deficit. True or false?
True (A)
When there is a shortfall in income, it is termed as a gain. True or false?
When there is a shortfall in income, it is termed as a gain. True or false?
False (B)
Excessive income in a given year is referred to as a loss. True or false?
Excessive income in a given year is referred to as a loss. True or false?
Signup and view all the answers
