Question: Match each description with the term it fits. Question 43 options: Surplus Break-even Point or Balanced Budget Deficit Net Assets 1. The total value of
Match each description with the term it fits. Question 43 options: Surplus Break-even Point or Balanced Budget Deficit Net Assets 1. The total value of an organization left after subtracting total liabilities (e.g., expenses) from total assets (funds, property, investments, etc.). 2. When assets are greater than liabilities (e.g., funds exceed expenses). 3. When liabilities are greater than assets (e.g., expenses exceed funds and other assets). 4. When income is approximately what is needed to cover costs
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