Question

Which of the following is TRUE? *

Short term goals are typically 1 - 2 years long
An example of a goal being achievable is someone wanting it really badly
Your most expensive expenses are typically entertainment and clothing
If you are over budget, you must increase income or decrease total expenses

Answer 1

increase income or decrease total expenses

Step-by-step explanation:

Over budget refers to a situation where the estimated costs exceed the actual resources available or the amount allocated. Over budget is when expenses are more than allocated finances.

There are insufficient funds in an over budget. To address the insufficient funds issue, more resources must be obtained, or the expenses must be reduced.