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.
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