Question

pregunta 26 (5 puntos)
a budget where income minus expenses equals exactly zero is called a _____.
a equal spending budget
b zero spending budget
c equal based budget
d zero based budget

pregunta 27 (4 puntos)
a/an _____ occurs when you withdraw money from your checking account and the balance drops below zero.
a impulse purchase
b reconciliation
c overdraft
d variable expense

Explanation:

Pregunta 26: A zero-based budget is defined such that total income matches total expenses, resulting in a net of zero.
Pregunta 27: An overdraft is the term for when a checking account balance goes negative due to withdrawals exceeding available funds.

Answer:

Pregunta 26: d. zero based budget
Pregunta 27: c. overdraft