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What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
What is a sentence using the word expenses?
Example sentence - His expenses were more than his income.
What is it called when your expenses are greater than your revenues on an income statement?
loss
What is it called when your expenses are greater than your revenue on an income statement?
loss
When expenses are more than income is called?
Their is a LOSS of income, or loss for the business operation. You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.
What is the difference amount of expense over income called when income exceeds expense?
Expenses more than income is called "Loss" Income over expenses called "Profit"
What is the us deficit?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
What is us deficite?
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
How do you use expenses in a sentence?
My expenses are more than my income; meaning that I spend more than I bring in.
What is a sentence using the word expenses?
Example sentence - His expenses were more than his income.
What is the amount by which income is greater than expenses called?
The amount by which income is greater than expenses is called profit. It represents the financial gain a business or individual makes after all expenses have been deducted from total income. Profit is a key indicator of financial health and performance.
What is it called when your expenses are greater than your revenues on an income statement?
loss
What is it called when your expenses are greater than your revenue on an income statement?
loss
When expenses are more than income is called?
Their is a LOSS of income, or loss for the business operation. You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.
What does expenses are more than income mean?
Means someone is spending more money than they earn.
What is it called when a firm's sales revenues are greater than its expenses?
When a firm's sales revenues exceed its expenses, it is said to be operating at a profit. This situation indicates that the company is successfully generating more income than it is spending, leading to positive financial performance. The difference between revenues and expenses is often referred to as net income or net profit.
What is the relationship between income and expenses before a break-even point is reached?
Before the break even point, total expenses exceed total income and there is a loss made.
