Question: Match each description with the term that it fits best. Question 5 options: Negative Cash Flow Surplus Deficit Positive Cash Flow Break-even Point/Balanced Budget 1.

Match each description with the term that it fits best. Question 5 options: Negative Cash Flow Surplus Deficit Positive Cash Flow Break-even Point/Balanced Budget 1. This is when revenue is projected to be less than what will be needed to cover projected expenditures. 2. This is when revenue is projected to be more than what will be needed to cover projected expenses. 3. This occurs when assets are greater than liabilities (funds exceed costs). 4. This occurs when liabilities are greater than assets (costs exceed funds) 5. This occurs when income is sufficient to cover costs

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